![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
| 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. |