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bobby_dreamer

Quest for Wealth - Value Investor Education

stocks, wealth, notes2 min read

Below notes are taken while listening to youtube videos.


Points to remember

Said by Kevin O'Leary
  • Don't lie, it destroys your equity
  • Write down three things todo next day a night before in a sticky note and get it done next day.
  • Don't give your kids entitlement, it's like cursing them
  • Beanstalk app - There are reasons why Financial Companies won't bother people who can save only $400 a Month this app is for them.
    • Save $100 dollars a week invest in etfs which will be used for your retirement.
  • An Entrepreneur should be able to
    • Articulate your idea in 90secs or less
    • Have to explain why you are the right person to execute that idea
    • Know numbers gross margin, marker share, breakeven analysis, how many competitors and how fast you can grow
Said by David Ramsay
  • When you are highly emotional your critical thinking shuts out.
Said by Robert Kiyosaki
  • Knowledge is finite, stupidty is infinite, so stay stupid. Keep learning…
  • Be careful who your teachers are
  • Don't hide behind diploma
  • Before investing ask people for their financials
  • More debt you have less tax you pay
Said by Tilman Fertitta in a interview with Lewis Howes
  • In any business deals you can't get caught up emotionally and remember as there's always another deal. So good business men walk away from deals all the time.

  • At certain times, things can be overpriced at that time you got to know, what's in the box and what's out of the box. Is it something you going regret later or is it something if you wait or you can get it somewhere else as well.

Said by Jack boogle
  • Idea of buying and holding forever is that you have gotten it right first place. You can hold tight if you only bought right.
Said by Li Lu
  • Common sense is the least common commodity
  • Successful imvesting lies in the successful guessing on stock movement based on whatever theories and practices that works for you.