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Quote by Richard Chandler

“We learned to build our emotional muscles, helping us make it through major market falls and grind through the trying times without losing our equilibrium.”

Quote by Richard Chandler

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Richard Chandler

Richard Chandler, born in 1961, has an unknown profession category. Limited information is available about his life experience, achievements, and impact. more

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“The market gives you the opportunity to arbitrage what the emotional investor will pay or sell at versus the fundamental value of a company, but you've got to pull the trigger promptly without hesitating. We've disciplined ourselves mentally and prepared ourselves in terms of information, as well as relationships with brokers, to do that.”

Giving Wells Values Opportunity Term Pay Company Information Emotional Fundamentals Sells Prepared Investors Versus Triggers Brokers Arbitrage

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“If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.”

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“Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.”

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“Onlookers frequently confuse edge with style...Edge means generating excess returns because of mispricing. Style suggests being in the right place at the right time. Sometimes edge and style overlap, sometimes they don't.”

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“Edge also implies what Ben Graham....called a margin of safety. You have a margin of safety when you buy an asset at a price that is substantially less than its value. As Graham noted, the margin of safety 'is available for absorbing the effect of miscalculations or worse than average luck.' ...Graham expands, "The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price."”

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People World Years Humans Said Values Process Differences Brain Five Minutes Investing Five Years Five Minutes Human Brain Buffett Wiring Warren Buffet

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