Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert a belfer who wrote (41273)	1/30/2011 4:42:00 PM
From: Paul Senior	1 Recommendation Read Replies (1) of 78625

That quote you mentioned is likely is a relevant quote, because it's still used by many people to justify very concentrated (one or two stock?) portfolios. Interesting that Mark Twain, who penned the quote, was himself an avid but very unsuccessful investor. His concentrated investments in a supposed technology gizmo of the time, and his big bet on a mine (apparently salted by unscrupulous promoters) were possible contributors to a result that caused him to go bankrupt. I wonder if the quote was his acknowledgment that he attributed a lot of his failure to not checking out and following his investments more closely. hubpages.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next