Foreword
I'll be collecting words of wisdom from the investing world here. Just like a good ratio, such as P/E, basing an entire investment or philosopy on a single quote would be foolish indeed. It is important to keep in mind that a single quote, by itself, lacks meaning out of context. I hope at some point, the collection might paint a picture of how I approach investing.
Quote Collection
Quote: In matters of style, swim with the current; in matters of principle, stand like a rock. - Thomas Jefferson, 1743 - 1826
Interpretation: n/a
Quote: On earnings expectations a fellow Fool, handle: simplicius posted:
"Either result would be a net positive for my long-term investment strategy."
Interpretation: If the price goes up, we profit. If the price goes down, it might be a buying opportunity, which, with a good investment, equates to profit later.