Title: The role of Financial Planning in making investment decisions
1QUOTES TO BE CONSIDERED WHILE FINANCIAL PLANNING
BY DHAN NU VAVETAR
www.dhannuvavetar.com
2 ALL INTELLIGENT INVESTING IS VALUE INVESTING-
ACQUIRING MORE THAN YOU ARE PAYING FOR.YOU MUST
VALUE THE BUSINESS IN ORDER TO VALUE THE
STOCK-CHARLIE MUNGER
3TWENTY YEARS IN THIS BUSINESS CONVINCES ME THAT
ANY NORMAL PERSON USING THE CUSTOMARY THREE
PERCENT OF THE BRAIN CAN PICL STOCKS JUST AS
WELL,IF NOT BETTER, THAN THE AVERAGE WALL STREET
EXPERTS--PETER LYNCH
4THE STOCK MARKET IS THE STORY OF CYCLES AND OF
THE HUMAN BEHAVIOUR THAT IS RESPONSIBLE FOR
OVERREACTIONS IN BOTH DIRECTIONS-SETH KLARMAN
5WHILE SOME MIGHT MISTAKENLY CONSIDER VALUE
INVESTING A MECHANICAL TOOL FOR IDENTIFYING
BARGAINS, IT IS ACTUALLY A COMPREHENSIVE
INVESTMENT PHILOSOPHY THAT EMPHASIZES THE NEED TO
PERFORM IN-DEPTH FUNDAMENTAL ANALYSIS, PURSUE
LONG-TERM INVESTMENT RESULTS, LIMIT RISK, AND
RESIST CROWD PSYCHOLOGY. -SETH KLARMAN
6WE IGNORE OUTLOOKS AND FORECASTS WERE LOUSY AT
IT AND WE ADMIT IT EVERYONE ELSE IS LOUSY TOO,
BUT MOST PEOPLE WONT ADMIT IT. -MARTIN WHITMAN
7IF INVESTING IS ENTERTAINING,IF YOURE HAVING
FUN, YOURE PROBABLY NOT MAKING ANY MONEY.GOOD
INVESTING IS BORING -GEORGE SOROS
8GENERALLY, THE GREATER THE STIGMA OR REVULSION,
THE BETTER THE BARGAIN. -SETH KLARMAN
9THE UNDERLYING PRINCIPLES OF SOUND INVESTMENT
SHOULD NOT ALTER FROM DECADE TO DECADE, BUT THE
APPLICATION OF THESE PRINCIPLES MUST BE ADAPTED
TO SIGNIFICANT CHANGES IN THE FINANCIAL
MECHANISMS AND CLIMATE. -BENJAMIN GRAHAM
10CONFRONTED WITH A CHALLENGE TO DISTILL THE
SECRET OF SOUND INVESTMENT INTO THREE WORDS, WE
VENTURE THE MOTTO, MARGIN OF SAFETY. -BENJAMIN
GRAHAM
11IT IS REMARKABLE HOW MUCH LONG-TERM ADVANTAGE
PEOPLE LIKE US HAVE GOTTEN BY TRYING TO BE
CONSISTENTLY NOT STUPID, INSTEAD OF TRYING TO BE
VERY INTELLIGENT. -CHARLIE MUNGER
12VISIT DHANNUVAVETAR.COM TO MASTER THE LANGUAGE OF
MONEY OR GET IN TOUCH WITH THE EXPERT WEALTH
MULTIPLIERS
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