"However, if one has been playing the buy-and-hold game with quality securities, one has been exposed to a substantial amount of market risk because the valuations placed on these securities have implied overly rosy scenarios prone to popular revision in times of more realistic expectation. This is one of those times, but it is my feeling that the revisions have not been severe enough, the expectations not yet realistic enough. Hence, the world's best companies largely remain overpriced in the marketplace."

-- Michael Burry

#Games Quotes #Expectations Quotes #Risk Quotes

“Laugh every chance you get. Laughter is sure to break the bonds of negativity that may be lurking about.”

Source : FaceBook post by James Van Praagh from Oct 10, 2014
“Men are simpler than you imagine my sweet child. But what goes on in the twisted, tortuous minds of women would baffle anyone.”
“I remember, when I was an up-and-coming comic, how annoyed I would be when the famous guys would show up and just take everyone's spots.”
“Games are like Rorschachs made of human relationships.”
“The good thing about the IMF is there is no European politics involved.”

Source : "Biography/ Personal Quotes". www.imdb.com.
“After my mother's death, I began to see her as she had really been.... It was less like losing someone than discovering someone.”
“Associate with the noblest people you can find; read the best books; live with the mighty; but learn to be happy alone.”

Source : Saul Bellow (2015). “Ravelstein”, p.140, Penguin
“One of my biggest problems this season was with the clutch at the start of the race. I hate to risk the car.”

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