"The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand."

--

Mohnish Pabrai

#Circles Quotes #Way Quotes #Should Quotes

“When capital owners are few, the private-property conduits of necessity create vast savings reservoirs for those few. If there were many owners, the same conduits would broadly irrigate the economy with purchasing power.”
“Earnings can change dramatically. Usually assets change slowly.”
“Of compelling consideration is the fact that words acquire scope and function from the history of events which they summarize.”
“Obsolescence and death, the reign of the archaic, the abandoned, and the corny: Really, if you saw Windows 3.0 on the sidewalk outside the building, would you bend over and pick it up?!?”
“I didn't come out and pay a really painful price often, to be LGBT, to not claim my sexuality at the same time. It's not all right with me to not talk about it so I don't make anybody nervous.”

Source : Source: www.truth-out.org
“Courage is the most important thing...Wake up yourselves and others. Control your mind and have firm determination... Be firm like a rock, deep and serious like the sea. Think of the earth as a mother. Have great courage and patience - and be not afraid of water, fire or great storms - face them bravely. Face the fire and it will turn to ice. This requires control of mind and a firm determination.”
“The production of children, the nurture of those born, and the daily life of men, of these matters woman is visibly the cause.”
“Since this was the first and only series I had ever produced, I was unaware of what the "Normal" environment was for a studio. I tried to run it as I did in my SF studio.”

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