FundVision Misc. - Quotes

















Disclaimer: Click here to read the Disclaimer. Your use of this service is your acknowledgment that you have read, understood and accepted the disclaimer.


These aren't the usual Quotes ! (We - traders - associate the quote with the "current price".) Nope. Not those quotes ... These are the 'Quotable Quotes' J. What's different about these ? Well ... these are by my friends. (And a couple by me as well !)


FundVision: Quotes
Visionary Background Quote
Will Jr (when talking about trading) Win a few, lose a few ........ less.
Art (when talking about importance of avoiding the losses) I hate to earn the same money twice.
Tony (when talking about BRUSX) No stock mutual fund is UNIQUE. If you can comeup with stock mutual fund that goes UP UP UP & never does RTM, then & then alone it can be considered as unique stock mutual fund.
Will Jr (when talking about importance of avoiding the losses) A penny saved is a penny earned ..... plus compounded interest.
Art (when talking about changing one's strategy in 'dangerous' markets for extracting the last penny of profit) It's usually best to stick with your srategy and not try to squeeze out that last nickle. It just may cost you a dime *smile*.
Tony (when talking about getting emotionally involved with investments) Get a cat, a dog, ... a wife, a girlfreind & get emotionally involved with them. Getting emotionally involved with your investments is certain way to lose money.
Salil V Gangal (when talking about purpose of investing) Earning Gains is one side of the investing coin; and the other side is Avoiding Losses.
Gambler
(Bob Young)
(when talking about market shift with respect to calendar months) Opportunity is Calendar Blind !
Salil V Gangal (when talking about pros and cons of Sector SPDRs over Mutual Funds) Real-time and Short-allowed make new 'sector-SPDRs' a double edged blade as compared to the EOD-only and No-shorts 'mutual funds' !

However what makes this less-risky (I dare-say !) is the option we - the investors - have of using or not using these two edges !
Art (when talking about importance of avoiding losses again !) I'd much rather be "out" wishing I was "in" rather than "in" wishing I was out.
Gains are cummulative. Losses you have to make up before you make an additional dime.
Salil V Gangal (when talking about taxes) Taxes ... You pay them now or you pay them later. If not, your heirs pay them anyways.
Stu (when talking about IRA investments) I look at tax deferral as borrowing someone's (the government's) money for free and investing it over a long period of time.
Salil V Gangal (when talking about investing in losing investments like Japan / Emerging Markets in 1997/1998) B&H Investor: "If I had any guts ... I'll invest in Japan / Emerging Markets right now !"

Salil V Gangal: "Yup. That's right. But if you have any brains, you won't.J"
Salil V Gangal (when talking about tech and bio-tech) A company that deals mainly with Silicon is Tech, and the one that deals mainly with Carbon is Bio-Tech.
Dennis (when talking about if MF managers deserve credit for performance or if goes to the market) Allow me to say: Mutual funds managers are NOT experts! They invest for mutual funds in their little sandbox sector, subsector. Market patterns make them expert at times & fools at others.
Dale (when talking about investing in a relatively volatile fund in strong uptrend and relatively less volatile fund in weak uptrend) While it might be tempting to choose the less volatile fund (SEMGX) to be conservative, Don't. Be bold or put some of your money in a money market to reduce your risk.
Anon (when taking a dig at a typical B&H investor and giving a better fitting 'Vulcan' greeting than 'Live long and prosper', to describe B&Her's situation) Out live your losses & prosper *g*
Dennis (when talking about the custom of B&H folks of taking an annual review of their own portfolio and naming a 'Turkey Fund' of the year within it.) Allow me to say, there is nothing like a Turkey Fund. Those who entitle their funds as Turkey Funds are, if fact DODO fund owners!
Kently (when talking about asking yourself a question every day about your position to keep yourself honest.) Am I long because I'm bullish, or am I bullish because I'm long?
Sid (when talking about the meltdown of Biotech in March 2000.) Support levels evaporate like alcohol on a hot windy day!
Joel Williams (when talking about a very difficult month - March 2000.) The difficulty in bad times is to know whether you are sticking to the "courage of your convictions", or the "stubbornness of your stupidity." I have done some of each.
Michael Swigart (when talking about policies of MFs to impose ERFs to curb redemptions out of the losing MFs.) We expect losses but we can't be loyal to failure.
Jerry Swanson (when talking about RAL after the trading day of 10/2/2000 to describe the drop and the result) All the funds lost assets today in total capitulation to confusion.


Copyright © 1999 Salil V Gangal, All Rights Reserved.