Sublime

Burton Malkiel’s wonderful book A Random Walk Down Wall Street. Malkiel’s central idea is that a stock’s price incorporates all the available knowledge about the value of the company and the best predictions about the future of the stock.

successful investor is generally a well-rounded individual who puts a natural curiosity and an intellectual interest to work.

Caveat 2: Precise figures cannot be calculated from undetermined data.

Caveat 3: What’s growth for the goose is not always growth for the gander.

Third, money is a store of value.

Determinant 4: The level of market interest rates.