Forma # 1.ai - ICAB

“The stock market is filled with individuals who know the price of everything, but the value of nothing.”
- Philip Fisher
“A market is the combined behavior of thousands of people responding to information, misinformation
and whim.”
- Kenneth Chang
“Wall Street people learn nothing and forget everything.“
- Benjamin Graham
“Spend at least as much time researching a stock as you would choosing a refrigerator.”
- Peter Lynch
“The average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told
specifically which particular stock to buy or sell. He wants to get something for nothing. He does not
wish to work. He doesn’t even wish to have to think.”
- Jesse Livermore
“In this business if you're good, you're right six times out of ten. You're never going to be right nine times
out of ten.”
- Peter Lynch
“You can say on one hand the market is crazy but it's not 1999. People have had their medicine from
over exuberance. I find it really interesting that those two businesses, Yahoo! and Google, which are just
online advertising businesses, are valued at more than the media behemoths in America.”
- James Packer
“Before this century is over, the Dow Jones Industrial Average will probably be over one million versus
around 10,000 now. So for the long-term, the outlook is tremendously bullish if you buy stocks blindly
to keep for a century.”
- John Templeton
“Men think in herds, go mad in herds, but recover their senses one by one.”
- Charles Mackay
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January - March 2011 The Bangladesh Accountant