Quote of the Day

[billyjoe]

Dec. 27th

"Only those who will risk going too far can possibly find out how far one can go " -----T.S. Elliot

--------billyjoe

[IIC]

"It is wonderful to be here in the great state of Chicago"
- Dan Quayle, former U.S. Vice-President

"I haven't committed a crime. What I did was fail to comply with the law."
- David Dinkins, New York City Mayor, answering accusations that he failed to pay his taxes.

"The only reason we're 7-0 is because we've won all seven of our games."
- David Garcia, baseball team manager

"Sit by the homely girl, you'll look better by comparison."
- Debra Maffett, Miss America 1983

"We don't like their sound. Groups of guitars are on the way out."
- Decca Records Rejecting the Beatles, in 1962

"Most cars on our roads have only one occupant, usually the driver."
- Carol Malia, BBC Anchorwoman

"If you give a person a fish, they'll fish for a day. But if you train a person to fish, they'll fish for a lifetime."
- Dan Quayle, former U.S. Vice President

"The internet is a great way to get on the net."
- Bob Dole, Republican presidential candidate

"I get to go to lots of overseas places, like Canada."
- Britney Spears, Pop Singer

"Chemistry is a class you take in high school or college, where you figure out two plus two is 10, or something."
- Dennis Rodman, NBA Basketball player, on Chicago Bull's team chemistry being overrated

"We're just physically not physical enough."
- Denny Crum, Louisville basketball coach

"Weather forecast: precipitation in the morning, rain in the afternoon."
- Detroit Daily News

"The streets are safe in Philadelphia. It's only the people who make them unsafe."
- Frank Rizzo, ex-police chief and mayor of Philadelphia.

"During the scrimmage, Tarkanian paced the sideline with his hands in his pockets while biting his nails."
- AP report describing Fresno State basketball coach Jerry Tarkanian

"I love California, I practically grew up in Phoenix."
- Dan Quayle, former U.S. Vice President

"I have a God-given talent. I got it from my dad."
- Julian Wakefield, Missouri basketball player

"Traditionally, most of Australia's imports come from overseas."
- Former Australian cabinet minister Keppel Enderbery

"I don't diet. I just don't eat as much as I'd like to."
- Linda Evangelista, Supermodel

"He's a guy who gets up at six o'clock in the morning regardless of what time it is."
- Lou Duva, veteran boxing trainer, on the Spartan training regime of heavyweight Andrew Golota.

"Pitching is 80% of the game. The other half is hitting and fielding."
- Mickey Rivers, baseball player

"I'm a 4-wheel-drive pickup type of guy. So is my wife."
- Mike Greenwell, Baseball player

"If only faces could talk..."
- Pat Summerall, Sportscaster, during the Super Bowl

"All of the Mets' road wins against Los Angeles this year have been at Dodger Stadium."
- Ralph Kiner, NY Sportscaster

"Solutions are not the answer."
- Richard Nixon, former U.S. President

[billyjoe]

Dec. 28th

"The knowledge of past times is both an ornament and a nutriment to the human mind"-----Leonardo da Vinci

-------billyjoe

[ringo69]

"If you can learn from hard knocks, you can also learn from soft touches."
- Carolyn Kenmore

"If you want to make an apple pie from scratch, you must first create the universe."
- Carl Edward Sagan (1934 - 1996)

[Tatnic]

"You can wish in one hand and shit in the other and see which one fills up first" Skiracer - first said in Cambodia 1966 under fire.

another along the lines of war that I came up with:

You can't expect to send young men into hell (ie iraq) and expect them to act like angels.

[billyjoe]

Dec.29th

"Courage gone ? I'll get more at yon tavern"---Mr. Peabody (newspaper owner in "The Man Who Shot Liberty Valence")


-----------billyjoe

[billyjoe]

Dec. 30th

"Before the hanging was carried out in Baghdad, Mr. Bush went to sleep here at the ranch and was not roused when the news came."--New York Times


----------billyjoe

[Tatnic]

ok...an investing quote I made up:

"If you're constantly trying to make a killing in the stock market, eventually you'll get killed"

[IIC]

"The bastards never forget!"...

Roger "Terrible" Toughy after being released from prison after 26 years when he was shot by gangsters

[IIC]

ok...an investing quote I made up:

"If you're constantly trying to make a killing in the stock market, eventually you'll get killed"

That's pretty darn similar to what I say about my IIC's Killer Watch Lists..."Make a killing or get killed"

[IIC]

Three quotes from Buffet:


The investor of today does not profit from yesterday's growth.

If past history was all there was to the game, the richest people would be librarians.

Risk can be greatly reduced by concentrating on only a few holdings.

[Tatnic]

That's pretty darn similar to what I say about my IIC's Killer Watch Lists..."Make a killing or get killed"

Not at all Doug. My quote was about NOT trying to make a killing on every trade. Its not an either or kind of thing IMO.

[Tatnic]

Sorry Lye that it came out like I was taking credit for the saying. I heard it from another guy in my squad, a southerner from South Carolina whose drawl was so thick you could hardly make out what he was saying even under the best conditions, and I started using it after that whenever we were hoping for something to come thru and it usually never did. It stuck with me for all these years. I never heard my dad use the buck-waddin phrase but another guy that flew with him an always hunted with us used it with his kid and the rest of us kids pretty regularly when they would make us drive the thickest and swampiest pieces of woods in deer hunting season and we would always complain that they always made us do the hardest sections on the drives. My dad always gave the guy permission to do it if I gave him to much crap. He never did though.

Ski...why were you in Cambodia in '66?

[Tatnic]

Three quotes from Buffet:


The investor of today does not profit from yesterday's growth.

If past history was all there was to the game, the richest people would be librarians.

Risk can be greatly reduced by concentrating on only a few holdings.

That's misleading IMO. That implies that putting all of your investments in a couple of places is less risky than spreading it out among stocks, bonds, gold, cash, real estate, foreign equities, etc. Buffett has holdings in american companies and foriegn companies, silver, short dollars, airlines, tons of insurance companies, shoe makers, dairy queen, coke, sheeshhh, that's hardly a few and I'm sure I'm missing a "few".

But I do agree with his yesterday's growth opinion.

[IIC]

Quote:
Originally Posted by IIC
Three quotes from Buffet:


The investor of today does not profit from yesterday's growth.

If past history was all there was to the game, the richest people would be librarians.

Risk can be greatly reduced by concentrating on only a few holdings.

That's misleading IMO. That implies that putting all of your investments in a couple of places is less risky than spreading it out among stocks, bonds, gold, cash, real estate, foreign equities, etc. Buffett has holdings in american companies and foriegn companies, silver, short dollars, airlines, tons of insurance companies, shoe makers, dairy queen, coke, sheeshhh, that's hardly a few and I'm sure I'm missing a "few".

But I do agree with his yesterday's growth opinion.

In reading many of his other quotes I get the idea that he suggests only investing in businesses you can understand. If you don't understand the business then take a pass. A "Few" holdings may be a subjective term...If you have a $100,000 portfolio maybe a few is 5...If you have a billion dollar portfolio maybe a few is 100???