“I don’t pay any attention to what economists say, frankly” --- Warren Buffett

“Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves” --- Peter Lynch Too many guru forecasters and TV commentators have missed this rally

Genius ... "If everyone's waiting for a pullback to buy either the market doesn't have a pullback or if it does, you shouldn't buy into it" 🎯 -- Bob Farrell, Merrill Lynch, 50 yr. veteran, taught by Ben Graham

“We’re all the architects of our own destiny, & with the power of planning, we can make our luck work for us! It's not just about sitting around & waiting for good fortune to come our way; it's about taking action & guiding our luck towards our goals!” --- JD Rockefeller

“Simplicity has a way of improving performance by enabling us to better understand what we are doing.” --- Charlie Munger

Housing Minister Chris Bishop says NZ has to decouple its economic growth from house price increases "The economic recovery needed to be driven by broad-based productivity gains & not increases in property prices" interest.co.nz/economy/134218…

“While my evolution as a value investor began with Graham and Dodd, my continuing education in the real world fostered a more nuanced understanding of value… I’ve come to appreciate that there is not a bright line that divides growth and value. Value can be found in rapidly

Latest Joel Greenblatt interview... youtube.com/watch?v=FGIj4m…

My Dad's 60th is this Saturday. He has raised $1.1m+ for a new facility for RFDS and is $100k from getting it over the line. Does anyone know the best way to get $100k in donations for him by Saturday? Son of the year if I pull this off and present him a cheque at his party.

“We are in a people business, inside as well as out. The time we invest in clients and in each other determines how successful that business will be.” - Robert A James, founder Raymond James [Raymond James compounded return since 1990 - 18.1%pa]

"In any diversified portfolio, there will be both winners and losers, and the consideration that should determine which you should sell, if any, is certainly not the price at which you bought it originally." --- Daniel Kahneman

"Even a great company can be priced too high if there’s a lot of glamour attached to it." --- Philip Fisher

"The big profits I have made were through very long planning, waiting and watching." --- Philip Fisher

Worth the read for Australians.

It unfair how much of an investment edge you get from not hyperventilating over clearly temporary issues.

.".a long habit of not thinking a thing wrong, gives it a superficial appearance of being right, and raises at first a formidable outcry in defense of custom." ---Tom Paine, 1776 Its amazing how relevant old insights are, and how they can be transferred to investing.

“Buy value, not market trends or the economic outlook.” --- Sir John Templeton Via MastersInvest.com

🧐 "During last month’s earnings call, Rees outlined the company’s sourcing breakdown: 47% from Vietnam, 17% from Indonesia, 13% each from China and India, and 5% each from Mexico and Cambodia. If Trump’s proposed 145% tariff on Chinese goods remains in effect, along with a 10%

2025 Reading .. Preference .. Top to Bottom

“A spreadsheet doesn't tell you what's going on three levels below the numbers. It doesn't tell you what assumptions were made, or the sensitivity around those assumptions, or what trend lines were excluded, or what risks were ignored. And yet we believe the numbers as if they