The Battlefield for Investment Survival (G. M. Loeb, 1990)
- Never believe in the experts for financial advise.
- Investment: an effort to obtain, in addition, a rental from others for the temporary use of capital.
- Speculation: using capital in such a manner that its spending power is not only preserved but also increased, through the realisation of profits in the form of dividends, or capital gains or both.
- Successful investment is a battle for financial survival.
- There is no perfect investment plan in the world.
- What to look for in a company is whether the company has enough cash generating factor.
- Investments is so we can spend more in the future.
Volume
Volume of trading is also an important factor. It is difficult to define in positive terms. If you are driving a car you can get to your destination more quickly at 50 mph. than at 10 mph. But you may wreck the car at 100 mph. In a similar way increasing volume on an advance up to a point is bullish and decreasing volume on a rally is bearish, but in both cases only up to a point.
Comments
Post a Comment