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Quote by Craig D. Lounsbrough

“The purpose in our pain will always exceed the amount of pain that was necessary to deliver that purpose to us.”

Quote by Craig D. Lounsbrough

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Craig D. Lounsbrough

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“The number one reason people lose money in investing is because they buy assets without giving any thought whatsoever to the fair value.”

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“If investors do not know or never attempt to know the fair value, they can pay any price. More often, the price they pay is far greater than the actual value.”

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“Watching every tick up and every tick down is just wasting your valuable time. Do yourself a favor, and pick up a book or two about investing each month.”

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“An ounce of gold will always be an ounce of gold regardless of the length of possession. The short-term value will go up or down, but gold prices will follow the general inflation rate in the long run.”

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“A Collectible’s value is primarily based on the emotions and the perception of potential buyers.”

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“Never change your genuine loving and caring nature just because a few took advantage of it. Maybe you were unknowingly showing the right emotions to the wrong people. The right ones will always accept you and reciprocate well.”

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“I think there's a difference between (a) offending people for its own sake, which I don't necessarily want to do, because some people are good and decent and it would be unkind to upset them simply to indulge my own self-importance, and (b) challenging their prejudices, their preconceptions, or their comfortable assumptions. I'm very happy to do that. But we need to be on our guard when people say they're offended. No one actually has the right to go through life without being offended. Some people think they can say "such-and-such offends me" and that will stop the "offensive" words or behaviour and force the "offender" to apologise. I'm very much against that tactic. No one should be able to shut down discussion by making their feelings more important than the search for truth. If such people are offended, they should put up with it.”

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“Value creation is rather internal continuous process by a company but Valuation is ascribed to it by outsiders … Invariably these two never meet precisely.”

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Book:The Twelfth Preamble: To all the authors to be!

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“It is challenging for a human brain to distinguish between noises and threats if a considerable value is at stake.”

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“Market quotes change every second, but business evolves steadily. You have ample time to evaluate a business to buy or not to buy. There is no rush.”

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