1. I have never attempt to make money in the stock market. i buy on the assumption that they could close the market the next day and not reopen it for five years.
2. Rule no 1. Dont loose your money
3. When you combine ignorance with borrowed money, the consequences can get interesting.
4. Derivative are weapons of mass financial destruction
5.Wide diversification is only required when investors do not understand what they are doing
6. In the event of nuclear war, disregard this message
7. I like to buy stocks when the bears are giving them away
8.It is only when the tide goes out that you learn who's been swimming naked
9.Never test the depth of the ocean river with both feet
10. Never ask the barber if you need a hair cut
11.Diversification is a protection against ignorance . It makes very little sense for those who dont know what they are doing.
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