Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

A House, a Dragon, China, Greece and the Sage of Omaha.

By Malcolm Stacey

10 July 2015 00:33

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Hello Share Swingers. One of the earliest saying of Warren Buffet, the world’s second richest man who did it all with shares, was this. It doesn’t matter if the stock markets are falling - as long as you don’t want the money in a hurry.

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Comments

wildrides

10 July 2015, 03:48

Warren Buffet ……… Paah ! Oily Chris knocks him into a cocked hat.

new house eh Malc ……… whats up …….. the ashtrays full are they ? Oh I know ……… you’‘ve chewed the doors down to the bare frames .
J P Spaghetti

10 July 2015, 04:37

“So your share values today are not relevant to anything. Unless you are forced into a sale this week.”

Hence the importance of never investing more than you can comfortably afford to lose. Anyway, may your new gutters and rafters be jackdaw free!
DUCK AND DIVE

10 July 2015, 05:24

Fear not, the bulls are in charge again — and the Greeks appear to have behaved pragmatically and saved some face…although TW will be furious (mostly because he was wrong):

http://www.bbc.co.uk/news/business-33475455
Malcolm Stacey

10 July 2015, 08:20

Hey up,Gang. I’m buying a house in my native Yorkshire for my three kids to use. I’m fed up of their being exploited by greedy landlords. I need to exploit them myself.
eumene

20 August 2015, 05:58

“I’m fed up of their being exploited by greedy landlords. I need to exploit them myself.”

Ah yes – one of the ST excellent rules of acquisition: “Treat your family like your workers – exploit them!” :)