Henry Ford On Being Positive
June 12, 2012 1 Comment
For Whom Wealth Matters
June 11, 2012 3 Comments
Martin J. Whitman(Marty Whitman)is the founder of Third Avenue Funds, a family of Value Mutual Funds. Martin Whitman is a veteran value investor with a long, distinguished history . He has successfully identified value in securities for more than 50 years.
Mr. Whitman served as a Distinguished Management Fellow at Yale School of Management for over 30 years.He received a Masters degree in Economics from the New School for Social Research and graduated from Syracuse University magna cum laude. Syracuse University’s Whitman School of Management is named in his honor.
One proven value philosophy guides each of his investments:-The cheaper you buy, the greater the potential investment reward and the cheaper you buy, the less the inherent risk. The low price paid limits downside market risk and increases appreciation potential.So he seeks to invest in safe companies that are cheaply priced: Read more of this post
June 10, 2012 10 Comments
June 8, 2012 3 Comments
A couple of days back I did a post on Bloomberg’s daily updated Billionaire’s list.Here is the link if you are coming in late: https://wealthymatters.com/2012/05/25/bloomberg-billionaires-list/.
Today I found out that Forbes has a similar list which is updated with a fifteen minutes lag. You can take a look at this list here:http://www.forbes.com/real-time-billionaires/.
The differences in the 2 lists are due to differences in the methodology used to estimate the net worth of these billionaires.The differences might seem huge,but keep in mind that if these net worths were so easy to tally up easily they wouldn’t be such large fortunes .
Now have fun watching huge sums being made and lost in the time it takes to snap your finger.