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(14-04-2014, 06:30 PM)chialc Wrote: (13-04-2014, 09:17 PM)blackvice Wrote: "The first wealth is health." -Ralph Waldo Emerson
![[Image: spaceship%20earth.JPG]](https://dl.dropboxusercontent.com/u/10699681/spaceship%20earth.JPG)
Love Compassion
Ha! Ha!
When i read it for the first time, i can't help laughing.
Sorry for doing so.
i am too simple minded to try to understand at one go.
Ha! Ha!
Humans can really be as complicated as they want to.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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(14-04-2014, 06:55 PM)chialc Wrote: (14-04-2014, 06:46 PM)Temperament Wrote: Ha! Ha!
When i read it for the first time, i can't help laughing.
Sorry for doing so.
i am too simple minded to try to understand at one go.
Ha! Ha!
Humans can really be as complicated as they want to.
Hi T,
Actually, you should not just read his quote.
Stare and observe the picture.
It's actually a map.
Do you notice what's the different between this map and "normal" map?
This guy is really a thinker and inventor!
I was lucky to know him/his work 10 years ago (read&owned his book).
I benefited a lot from his teaching.
Love Compassion
The way he presented his world map is really different. What is he trying to tell us? i give up.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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"Do you know the only thing that gives me pleasure? It's to see my dividends coming in."
John D. Rockefeller
My favourite quote!
My Dividend Investing Blog
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Indeed health is wealth. Problem is the value of that is exponentially proportionate to age. 年少不养身， 老来养医生
My contribution is this parable that I remember well
http://en.wikipedia.org/wiki/Parable_of_the_Rich_Fool
And I’ll say to myself, “You have plenty of grain laid up for many years. Take life easy; eat, drink and be merry.”’
“But God said to him, ‘You fool! This very night your life will be demanded from you.
I can forecast business trends and valuations, but I cannot know if I will be on MH370
Ghandi's seven sins:
Wealth without work
Pleasure without conscience
Knowledge without character
Commerce without morality
Science without humility
Worship without sacrifice
Politics without principle
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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just cut out the globe map and fold it into a cube lah..
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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(15-04-2014, 11:36 AM)specuvestor Wrote: Indeed health is wealth. Problem is the value of that is exponentially proportionate to age. 年少不养身， 老来养医生
My contribution is this parable that I remember well
http://en.wikipedia.org/wiki/Parable_of_the_Rich_Fool
And I’ll say to myself, “You have plenty of grain laid up for many years. Take life easy; eat, drink and be merry.”’
“But God said to him, ‘You fool! This very night your life will be demanded from you.
I can forecast business trends and valuations, but I cannot know if I will be on MH370
Ghandi's seven sins:
Wealth without work
Pleasure without conscience
Knowledge without character
Commerce without morality
Science without humility
Worship without sacrifice
Politics without principle
I like the Ghandi's seven sins. Thanks
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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