•  “The automobile is a lust object. Intellectualizing the car business is a big mistake.” – Bob Lutz, GM Executive

 

•  "As things fall, you have got to play more offense, not defense.” -  Bill Miller, CIO, Legg Mason Capital Management

 

• "A Man [is] sometimes more generous when he has but a little Money than when he has plenty, perhaps thro’ Fear of being thought to have little." - Benjamin Franklin

 

• "The genuine investor in common stocks does not need a great equipment of brains and knowledge, but he does need some unusual qualities of character." - Benjamin Graham, 'The Intelligent Investor'

 

• "An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative." - Benjamin Graham and David Dodd, 'Security Analysis'

 

• "As bull markets are built up, the large and quick profits shown by common stocks as a whole are sufficient to dull the public’s critical faculty, just as they sharpen its acquisitive instinct." - Benjamin Graham, 'The Intelligent Investor'  

 

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