Tuesday, January 1, 2013

The art of investment...

The art of investment has one characteristic that is not generally appreciated. A creditable, if unspectacular, result can be achieved by the lay investor with a minimum of effort and capability; but to improve this easily attainable standard requires much application and more than a trace of wisdom.
BEN GRAHAM, THE INTELLIGENT INVESTOR

Everything should be made as simple as possible, but not simpler.
ALBERT EINSTEIN

It’s not supposed to be easy. Anyone who finds it easy is stupid.
CHARLIE MUNGER
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