₦airaland Forum

"Women have no appreciation of good looks in men; at least, good women have none."

Nomba theory

Dibetarsifikashon

W=mji

Curz and eft

Ches?
The theory of our modern technic shows that nothing is as practical as theory.

Yantch exists in all

Perms and combs are ways to select items from a grup, differing mainly by whether oda mattersways to select items from a group, differing mainly by whether oda matters

Lo of large numbas

Matingail=small world

Bayes. anlysis is a stastical method that updates beliefs or prob. about a hypoth. as new evidence becomes available, using Bayes' theor. to combine prior beliefs (priors) with observed data (likelihood) to generate a refined posterior prob..

Brownian moshon

One must be sain to fink clearly, but one can fink deeply and be quite hinsain.'

I’ll start off by saying, I personally don’t like makt technicns(chartst) and tradhers, and here’s why. Whether you realize it or not, treydhers attempt to make a living by taking advantage of the average invstr. They try, because they know that the majority of “pub. treydhers” are inexperienced.

That attitude is summed up in the phrase: "If you don't like the management, sell your stk." ... The pub. ownrs seem to have abdicated all claim to control over the pd superintendts of their prop.

The stk makt resembles a huge londri in which instittons take in large blocks of each others washing ... without rhyme or reason.

In the short-run, the makt is a vot.
machin - reflecting a vot.-regis. test that requires only
monos, not intelligence or emotional stability - but in the long-
run, the makt is a weighing machin.

They have forgotten also that they are ownrs of a bsness and not merely ownrs of a quotation on the stk ticker. It is time, and high time, that the millions of Amricn shrehlders turned their eyes from the daily makt reports long enough to give some attention to the entrprses themselves of which they are the prop., and which exist for their benefit and at their pleazure.

True friends are great prob.

An investor calculates what a stk is wot, based on the value of its bsnsses.

But I am convinced that an individual invstor with sound principles, and soundly advised, can do distinctly better over the long pull than large institns.

"If invstg is entertaining, if you're having fun, you're probably not making any monos. Good invstng is boring."

In security analysis the prime stress is laid upon protection against untoward events. We obtain this protection by insisting upon margins of safety, or values well in excess of the price paid.

Whenever the investor sold out in an upswing as soon as the top level of the previous well-recognized bull market was reached, he had a chance in the next bear market to buy back at one third (or better) below his selling price.

Unusually rapid growth cannot keep up forever; when a company has already registered a brilliant expansion, its very increase in size makes a repetition of its achievement more difficult.

How To Levitate?
Climb above the rooftops

The function of the margin of safeti is, in essence, that of rendering unnecessary an accurate estimate of the future.

In an ideal world, the intelligent invstr would hold stks only when they are cheap and sail them when they become overpraisd, then duck into the bunker of bondin and katch until stks again become cheap enough to bai.

It is no difficult trick to bring a great deal of energy, study, and native ability into Wall Strt and to end up with losses instead of profits. These virtues, if channeled in the wrong directions, become indistinguishable from handekaps.

Reacha than the reachest