Sunday, February 12, 2006

Quote - Unquote

There have been some great quotes associated with value investing and by value investors such as Graham, Buffett, Munger, Schloss etc. Enclosed is a compilation of the same -

"It's better to be approximately right than to be precisely wrong."

"What we learn from history, is that we don't learn from history."

"The more cash that builds up in the treasury, the greater the pressure to piss it away." (check ITC and it's foray in unrelated businesses)

"The smarter side to take in a bidding war is often the losing side." – Warren Buffett

"The most dangerous words in the investment business are, "this time it's different."" – John Templeton

"No matter how great the talent or effort, some things just take time: you can't produce a baby in one month by getting nine woman pregnant." – Warren Buffett

Courtesy: 1. Google.com; 2. 'My favourite quotes' by Sanjay Bakshi

My favourite is one which my first boss often recited - "With data you can prove anything ... even the truth". (one reason, why my posts look pathetic with no data)

7 Comments:

Blogger Vishal Mittal said...

Hi Shankar,

nice to see ur comment on my blog...i can email the stock ideas to u... also, i regularly see ur blog and am struck by the common thinking...can u give me ur email please ? my email is available on my blog...

regards
vishal

http://vishalmittal.blogspot.com/

12:29 PM  
Blogger Shankar said...

Hi vishal,

Please feel free to email me at shankarnath@gmail.com

Warm regards
Shankar

12:34 PM  
Blogger Prasanth said...

Hi Shankar,

In case you have not read it till now, here is the link to the abridged transcripts which appeared on Business Standard :
http://business-standard.com/general/storypage_test.php?&autono=213262

3:54 PM  
Blogger Prasanth said...

Hi Shankar,

Apparently, the following stocks were discussed during the Capitalideasonline round table as value picks:
1. India Nippon Electricals
2. Cheviot
3. Investment & Precision Castings
4. Vivimed
5. Femcare
6. Motherson Sumi

9:19 AM  
Blogger Shankar said...

Hi Prasanth,

Lets explore each of these. But not just from a Graham angle but also from a Buffett angle - which means giving equal focus to management, sustainable growth and return to shareholder.

Warm Regards
Shankar

10:28 AM  
Blogger Prasanth said...

What is your take on Kalyani Steels? I read about the stock in Capital Market. The company holds stakes in Bharat Forge and Hitkal and the market value of investments alone is about Rs 340 per share while the CMP yesterday was Rs 278. Yes, lets explore the "value picks" of the round table.

10:34 AM  
Anonymous ajit said...

Hello brothers,

Sorry to disturb u both but please keep people like us also into the loop,having no idea of investing i rely and believe in researchful ideas given by you,please if possible keep all ideas and your research on your blogs.

Thanks and ragards,
Ajit.

8:52 AM  

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