Investing Quotes

As I was thinking about the stock markets in the last few weeks, a few good quotes come to my mind:

"You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets." - Peter Lynch

"The single greatest edge an investor can have is a long-term orientation." - Seth Klarman

"Prices fluctuate more than values—so therein lies opportunity." - Joel Greenblatt

"Remember that the stock market is a manic depressive." - Warren Buffett

"The four most dangerous words in investing are: 'this time it's different.'" - John Templeton

Recent Buy – TEVA - 2

A few days ago I wrote about my purchase of TEVA shares. The share price continued the falling, and I was thinking about the company's prospects. I think that the company's debt is managable on a long term horizont, but the short term financial ratios are not so good. That's why there are so many articles about the company's short term financial problems and the probability of bankrupcy. But I think that they can manage the short term problems and they will get large support from the Israeli Ministry of Economy.

I think that the black clouds will go away, but it needs long time. I bought a few more shares at $18.05. I know that it is a very risky investment, but I believe that the company worth more.

Full disclosure: Long TEVA.

Related Posts:

1. Recent Buy – Kroger
2. Recent Buy – TEVA