Sublime
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Although it’s a nice gesture for the CEO or the corporate president with the million-dollar salary to buy a few thousand shares of the company stock, it’s more significant when employees at the lower echelons add to their positions. If you see someone with a $45,000 annual salary buying $10,000 worth of stock, you can be sure it’s a meaningful vote
... See morePeter Lynch • One Up on Wall Street
Windsor was not fancy. As in tennis, I tried to keep the ball in play and let my adversaries make mistakes. I picked stocks with low p/e multiples primed to be upgraded in the market if they were deserving, and endeavored to keep losers at break-even levels. Usually, I returned home with more assets in the Windsor Fund than the day before. And I sl
... See moreJohn Neff • John Neff on Investing
“It never is your thinking that makes big money,” said Livermore. “It’s the sitting.” Investors who can be right and sit tight are rare. It takes time for a stock to make a large gain.
William J. O'Neil • How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition
I have run the Fidelity Low-Priced Stock Fund (FLPSX) with an intrinsic value approach since 1989, and it has outperformed both the Russell 2000 and Standard & Poor’s 500 indexes by 4 percentage points a year. Over twenty-seven years, a dollar invested in FLPSX grew to $32, while a dollar invested in the index grew to $12.