We often hear a lot of famous quotes referred to after historic events take place, and Mr. Warren Buffet is often referred as the world’s greatest investor.

This picture tells it all and shows just how well his surname speaks to his investment style.

Buffet

Mr. Buffet is reported as spending time by himself reading financial reports for more than 6 hours every day, and has a reputation for ignoring market noise, using his patience to move money from the impatient to the patient effectively as his namesake suggests getting his meal by getting it himself from his own personal effort.

Michael Glennon

Michael Glennon, the investment manager of the listed investment company GC1 that has had a track record of longterm investment out performance in small caps shared his thoughts for 2018 in a recent video available on the www.glennoncapital.com.au website.

Michael has the belief Macro-economic growth is good and accommodative for equities, housing will not have the growth of previous years, disruptors are emerging particularly in Small caps, responsible Investment is moving towards mainstream and millennials are going to be a driver for growth and change.

Benjamin Franklin

Benjamin Franklin said an investment in knowledge pays the best interest. When you think of Warren Buffet reading for 6 hours per day every day to seek out knowledge to give him a point of advantage it says it all. The advice of Franklin is that when it comes to investing nothing will pay a higher yield than educating ourselves. When it comes to Buffet clearly study, and analysis are vital before making a buy or sell decision of an asset as complicated as a business in a field generally outside the buyer and sellers core competence.

Phillip Fraser

Phillip Fisher is a legend in US investment market history. He had 70-year career managing money, and was known for his belief in investing in well managed, high quality growth businesses over the long term. One of his most famous investments was Motorola, which he first bought in1955 and held that investment until he died in 2004. Fisher had a 15 rule policy he looked for in, but not dislike Michael Glennon’s philosophy the qualities of the board and management and the quality of the financial controls around accounting and margins dictated many of his decisions.

His most famous quote was the backbone of much of my thinking about price and value. He claimed the stock market is filled with individuals who know the price of everything but the value of nothing. He claimed research was far more than listening to popular opinion; in fact it was about knowing your own opinion. For the record Motorola increased in value by more than 30 times in the period, compared to the index return of 6.

Benjamin Graham

Ben Graham, not the Geelong footballer, is regarded as one the greatest investors of all time, and one of the teachers of Buffet. He argues we need to act consistently as an investor and avoid speculation. We cannot predict the future, so all our decisions need to base on real facts, and analysis rather than speculation.

Arguably his most famous quote was not the one above but that price is what you pay, value is what you get.

Warren Buffett

Mr. Buffet will tell you how to become rich, close the doors, and be fearful when others are greedy, and be greedy when others are fearful, be prepared to invest in a falling price, and be prepared to get out in a market that is soaring.

Albert Einstein is not that well known for his investment advice, but one of the greatest quotes of all time in respect to investing is credited to the great inventor himself. His quote in respect to compound interest is a great lesson to all.

“Compound interest is the eighth wonder of the world. He who understands it, earns it… he who doesn’t… pays it.”

Sir John Templeton

“The 4 most dangerous words in investing are: This time it’s different.”

“Bull markets are born on pessimism grown on scepticism, mature optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism it the best time to sell”

Contact Us

If you’d like to have a chat with our financial advisor, please give us a call on (03) 6344 3899 or send us a message below:


Disclaimer:

The information in this article is of a general nature only and is not to be taken as a recommendation as it might be unsuited to your specific circumstances. The contents herein do not take into account the investment objectives, financial situation or particular needs of any person and should not be used as the basis for making any financial or other decisions.

InterPrac FP directors and advisers may have investments in any of the products discussed in this article or may earn commissions if InterPrac clients invest or utilise and any services featured. Your InterPrac FP adviser or other professional advisers should be consulted prior to acting on this information. This disclaimer is intended to exclude any liability for loss as a result of acting on the information or opinions expressed.