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ddzx

28,706 Posts.

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27/05/15

12:39

Post #: 15359752
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Originally posted by nasabear ↑

"With a wonderful business, you can figure out what will happen; you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when"

Warren Buffett Tells You How to Turn $40 into $10 Million

http://offers.fool.com.au/warren-bu...BuffettInvest_lg&utm_medium=contentmarketingl

Investing for the long term

Individuals need to see that investing is not like placing a bet on number 32 on the roulette wheel, but instead it's buying a tangible piece of a business.

It is absolutely important to understand the relative price you are paying for that business, but what isn't important is attempting to understand whether you're buying in at the "right time," as that is so often just an arbitrary imagination.

In Buffett's own words, "if you're right about the business, you'll make a lot of money," so don't bother about attempting to buy stocks based on how their stock charts have looked over the past 200 days. Instead always remember that "it's far better to buy a wonderful company at a fair price."

................................................................................................................

When the Fundamentals are this good and the over selling goes on; that makes me smile!

What do you think?

@Meteor
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@ozpolarbear
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@king louie
@Pauldola
@earlyrise
@McDuff
@Saruman
@jeans_sammy
@mitta
@nihilism
@Fibonarchery
@accaeric
@waltavoc

And all the other excellent posters....

Kind Regards

DYOR !!!!

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i doubt Buffet ever bought a speccie like MRF...the above is irrelevant

why don't you take a chill pill for a while rather than acting like a guard dog on this sub-forum?

regards

MRF Price at posting: 5.4¢ Sentiment: None Disclosure: Held
5 Upvote

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Headed back up, page-73

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MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025