“And one thing about Mick Jagger is he keeps his eye very closely on not only where the dollars go but where the pennies go.” EyeOne ThingDollarsHis EyesPenniesJagger Author:Michael Lindsay-Hogg
“One thing is certain. At some point global investors will lose confidence in our (U.S.) easy dollars and debt-financed prosperity, and then the chickens will come home to roost.” HomeCertainEasyLosesOne ThingDollarsProsperityDebtChickensComing HomeInvestorsRoost Book:The Triumph of Politics: Why the Reagan Revolution Failed Source: The Triumph of Politics: Why the Reagan Revolution Failed
“There is one thing of which I can assure you. If good performance of the fund is even a minor objective, any portfolio encompassing one hundred stocks (whether the manager is handling one thousand dollars or one billion dollars) is not being operated logically. The addition of the one hundredth stock simply can't reduce the potential variance in portfolio performance sufficiently to compensate for the negative effect its inclusion has on the overall portfolio expectation.” IfsI CanOne ThingEffectsThousandExpectationsHundredNegativePerformancesDollarsBillionsObjectivesManagersFundInclusionMinorsPortfoliosVariance Author:Warren Buffett