Some meaningful quotations:
"I call investing the greatest business in the world because you never have to swing. All day you wait for the pitch you like. Then when the fielders are asleep, you step up and hit it." - Warren Buffett.
Big money is made in the waiting - Jessy Livermore
Be prepared, act promptly, in scale, on a few major opportunities.
It takes character to sit there wit hall the cash and do nothing. I didn't get to where I am by going after mediocre opportunities.
It's like looking for a horse that pays 50/50 and has a 3-to-1 chance of winning. - Charlie Munger.
Grumpy Old Man Syndrome
1 year ago
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