Wednesday 11 May 2011

Stock Market World



' STOCK MARKET '        Different Peoples - Different Meanings

Stock Market is a morning bell of many peoples in world. Stock Market and Life is very close connection today, lots of peoles life depend on Stock Market.

If you know Stock Market then you must know this name   WARREN BUFFETT




Warren Buffett is the Greatest Stock Market investor of all time . . .


Warren Edward Buffett  ( born August 30, 1930 )  is an American investor, industrialist and philanthropist. He is widely regarded as one of the most successful investors in the world. Often called the "legendary investor, he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is consistently ranked among the world’s wealthiest people. He was ranked as the world's wealthiest person in 2008 and is the third wealthiest person in the world as of 2011.

Buffett is called the "Oracle of Omaha" or the "Sage of Omaha" and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. Buffett is also a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation. He also serves as a member of the board of trustees at Grinnell College.



Some Valuable Quotes of great Warren Buffett

“ In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right – thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.
“ Be fearful when others are greedy. Be greedy when others are fearful.
“ When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.”
“ You only find out who is swimming naked when the tide goes out.”
“ Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”
“ Risk comes from not knowing what you’re doing.”
“ I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.”
“ Price is what you pay. Value is what you get.”
“ The fact that peole will be full of greed, fear or folly is predictable. The sequence is not predictable.
“ I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.”
“ It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
“ If a business does well, the stock eventually follows.”
“ Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”
“ Someone’s sitting in the shade today because someone planted a tree a long time ago.”
“ Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.”