
Investment Wisdom Of The Day Google

Raven, a 6 year old chimpanzee, became the 22nd most successful money manager in the USA by throwing darts at a list of internet companies. Raven created her own index, dubbed MonkeyDex, and in 1999 delivered a 213% gain, outperforming more than 6,000 professional brokers on Wall Street.
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Phillip Fisher
“My experience with novice traders is that they trade three to five times too big. They are taking 5 to 10 percent risks on a trade when they should be taking 1 to 2 percent risks. The emotional burden of trading is substantial; on any given day, I could lose millions of dollars. If you personalize these losses, you can’t trade.”– Bruce Kovner