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Success Stories Of Share Market
03/25/2011 9:45 am

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Success Stories Of Share Market

The World's Most Successful Investor

Warren Buffett  is the world's most successful investor and a self-made billionaire. In 2005, Buffett was ranked  the world's second richest man with a personal net worth of $43 billion.

Buffett's Teachings on Investment

Warren Buffett is the world's most successful investor. "Buffett's teachings on investment sound deceptively simple. But there is no deception. They truly are simple. Do not allow investment advisers to persuade you that investment is a complex matter needing great expertise. Instead, learn how to assess the fundamental and financial values of a business yourself, and invest according to your convictions."


Neil McCarthy
Neil McCarthy started investing in the stock market when he was 34, in the 1970s. Today he has a net worth of about $2.1 million. When stocks went down, he bought more. He contributed the maximum to both his IRA and his 401(k) and his employer matched 100 percent. That's truly free money -- no risk. The big payoff came during the 1990s bull market when his stock doubled in three or four years, suddenly reaching $1 million.

He avoided technology companies because it didn't make sense to him. He saw price-earnings ratios of 200 to 300 and "thought it was absolute nonsense." This practical investing style saved his millionaire status when the market crashed. When he retired in 2000, McCarthy took his retirement payout as a lump sum. Just before interest rates started to fall, he invested part of the money in an immediate annuity and earned a bigger payout than if he had chosen the company's pension annuity.


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03/25/2011 12:32 pm

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I WANT TO KNOW FULL STORY.
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03/25/2011 5:16 pm

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03/25/2011 5:38 pm

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Warren Buffette Quotes:

A public-opinion poll is no substitute for thought.
Warren Buffett

Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
Warren Buffett

Beware of geeks bearing formulas.
Warren Buffett

Chains of habit are too light to be felt until they are too heavy to be broken.
Warren Buffett

Derivatives are financial weapons of mass destruction.
Warren Buffett

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.
Warren Buffett

I always knew I was going to be rich. I don't think I ever doubted it for a minute.
Warren Buffett

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
Warren Buffett

I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.
Warren Buffett

I buy expensive suits. They just look cheap on me.
Warren Buffett

I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Warren Buffett

I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
Warren Buffett

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
Warren Buffett

I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.
Warren Buffett

If a business does well, the stock eventually follows.
Warren Buffett

If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
Warren Buffett

If past history was all there was to the game, the richest people would be librarians.
Warren Buffett

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
Warren Buffett

In the business world, the rearview mirror is always clearer than the windshield.
Warren Buffett

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Warren Buffett

It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
Warren Buffett

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Warren Buffett

It's never paid to bet against America. We come through things, but its not always a smooth ride.
Warren Buffett

Let blockheads read what blockheads wrote.
Warren Buffett

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
Warren Buffett

Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
Warren Buffett

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Warren Buffett

Only when the tide goes out do you discover who's been swimming naked.
Warren Buffett

Our favorite holding period is forever.
Warren Buffett

Price is what you pay. Value is what you get.
Warren Buffett

Risk comes from not knowing what you're doing.
Warren Buffett

Risk is a part of God's game, alike for men and nations.
Warren Buffett

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
Warren Buffett

Someone's sitting in the shade today because someone planted a tree a long time ago.
Warren Buffett

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
Warren Buffett

The first rule is not to lose. The second rule is not to forget the first rule.
Warren Buffett

The investor of today does not profit from yesterday's growth.
Warren Buffett

The only time to buy these is on a day with no "y" in it.
Warren Buffett

The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
Warren Buffett

The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves-and the better the teacher, the better the student body.
Warren Buffett

There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.
Warren Buffett

There seems to be some perverse human characteristic that likes to make easy things difficult.
Warren Buffett

Time is the friend of the wonderful company, the enemy of the mediocre.
Warren Buffett

Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
Warren Buffett

Value is what you get.
Warren Buffett

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
Warren Buffett

We always live in an uncertain world. What is certain is that the United States will go forward over time.
Warren Buffett

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
Warren Buffett

We enjoy the process far more than the proceeds.
Warren Buffett

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Warren Buffett

We're still in a recession. We're not gonna be out of it for a while, but we will get out.
Warren Buffett

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.
Warren Buffett

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Warren Buffett

When you combine ignorance and leverage, you get some pretty interesting results.
Warren Buffett

Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".
Warren Buffett

Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett

You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
Warren Buffett

You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.
Warren Buffett

You only have to do a very few things right in your life so long as you don't do too many things wrong.
Warren Buffett

Your premium brand had better be delivering something special, or it's not going to get the business.
Warren Buffett

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03/25/2011 5:48 pm

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Originally Posted by Dse TiTan:
Warren Buffett Quotes:

Derivatives are financial weapons of mass destruction.
Warren Buffett

I always knew I was going to be rich. I don't think I ever doubted it for a minute.
Warren Buffett

I buy expensive suits. They just look cheap on me.
Warren Buffett

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
Warren Buffett


If a business does well, the stock eventually follows.
Warren Buffett


In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
Warren Buffett

In the business world, the rearview mirror is always clearer than the windshield.
Warren Buffett

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Warren Buffett

It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
Warren Buffett

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Warren Buffett

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
Warren Buffett


Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Warren Buffett

Only when the tide goes out do you discover who's been swimming naked.
Warren Buffett

Our favorite holding period is forever.
Warren Buffett

Price is what you pay. Value is what you get.
Warren Buffett

Risk comes from not knowing what you're doing.
Warren Buffett

Risk is a part of God's game, alike for men and nations.
Warren Buffett

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
Warren Buffett

Someone's sitting in the shade today because someone planted a tree a long time ago.
Warren Buffett

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
Warren Buffett

The first rule is not to lose. The second rule is not to forget the first rule.
Warren Buffett

The investor of today does not profit from yesterday's growth.
Warren Buffett

The only time to buy these is on a day with no "y" in it.
Warren Buffett

There seems to be some perverse human characteristic that likes to make easy things difficult.
Warren Buffett

Time is the friend of the wonderful company, the enemy of the mediocre.
Warren Buffett

Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
Warren Buffett

Value is what you get.
Warren Buffett

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
Warren Buffett

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
Warren Buffett

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Warren Buffett

We're still in a recession. We're not gonna be out of it for a while, but we will get out.
Warren Buffett

When you combine ignorance and leverage, you get some pretty interesting results.
Warren Buffett

Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".
Warren Buffett

Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett

You only have to do a very few things right in your life so long as you don't do too many things wrong.
Warren Buffett

Your premium brand had better be delivering something special, or it's not going to get the business.
Warren Buffett

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03/25/2011 6:32 pm

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TIME MAGAZINE
Warren Buffett's Boring, Brilliant Wisdom
Monday, March 1, 2010 at 9:06 am


Warren Buffett is old. He can't keep up with the times. He's famously cheap, and wears dorky grandpa glasses and bad suits. Even his seemingly cool nickname, "The Oracle of Omaha," sort of sounds like a hokey phrase coined in the Roaring '20s, or perhaps in ancient Greece. But as he's proved time and again—like last year, when net earnings of his company, Berkshire Hathaway, jumped 61%—trendiness has nothing to do with making money in the long run. And while most of Buffett's advice is aimed at investors, his business wisdom has obvious implications if you're simply hoping to save money, or if you're looking to buy or sell just about anything.
The WSJ notes that if you'd invested $10,000 with Berkshire Hathaway in 1965, you'd have $80 million right now. Little help that does anyone without a time machine. Still, it's never too late to follow Buffett's lead. His advice may be boring and old-fashioned. There is no get-rich-quick formula. What there is is a solid, well-thought-out approach. Here, the WSJ excerpts some of what Buffett wrote in a recent letter to stockholders:

Buy when everyone else is selling. "We've put a lot of money to work during the chaos of the last two years. It's been an ideal period for investors: A climate of fear is their best friend ... Big opportunities come infrequently. When it's raining gold, reach for a bucket, not a thimble."

Don't buy when everyone else is buying. "Those who invest only when commentators are upbeat end up paying a heavy price for meaningless reassurance," Mr. Buffett wrote. The obvious corollary is to be patient. You can only buy when everyone else is selling if you have held your fire when everyone was buying.

Value, value, value. "In the end, what counts in investing is what you pay for a business-through the purchase of a small piece of it in the stock market-and what that business earns in the succeeding decade or two."

Buffett is addressing stockholders. But the thrust of what he's saying is applicable to everyone. That's the way a lot of Buffett's advice works. Sure, there are obvious takeaways for MBAs and other white-collar types. But every little consumer can take heed too. Once you understand that, you'll realize that Buffett is the modern-day version of famously money-wise Benjamin Franklin—only a whole lot richer.

"When it's raining gold, reach for a bucket, not a thimble." Now that sounds incredibly Franklin-esque to me.

Take this Buffett quote:

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

He's discussing the purchase of a company. You're not going to buy a company. So why should you care? Because the message applies equally well if you're considering the purchase of a house, or a car, or anything you hope to use for a long time.

Another famous Buffett quote:

"Value is what you get."

In other words, value is not what someone else (or society at large) tells you it's worth. It's not a value strictly because it's cheap. It's a value because the benefit you get is well worth the asking price.

Here's some more Buffett wisdom to take to heart, no matter what you do for a living, no matter what your ability or interest in investing, no matter how much money you make:

"Risk comes from not knowing what you're doing."

"Only when the tide goes out do you discover who's been swimming naked."

"If a business does well, the stock eventually goes up."

"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks."

"A public-opinion poll is no substitute for thought."

"Beware of geeks bearing formulas."

"Chains of habit are too light to be felt until they are too heavy to be broken."

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."



Read more: http://money.blogs.time.com/2010/03/01/warren-buffetts-boring-brilliant-wisdom/#ixzz1HenpgnVB
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03/25/2011 6:40 pm

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Invest a little and let it grow

Neil McCarthy started investing in the stock market when he was 34, in the depths of the 1970s bear market. “It got scary for a while,” he recalls, “but my philosophy was to invest a little bit and let it grow. When stocks went down, I would buy more.”

McCarthy contributed the maximum to both his IRA and his 401(k) at Union Carbide, where he started as a research chemist and got a boost from a 100% employer match. He and his wife, Maureen, who worked as a teacher for several years, continued to save for retirement, even while they were paying for their two sons’ college educations.

Their big payoff came with the 1990s bull market. “Everything kept adding up and compounding, and then it doubled in three or four years,” says Neil. “It was $500,000, and suddenly it was $1 million.”

The McCarthys invested mostly in stock funds, but avoided technology companies. “People were going wild with Internet stocks, but it didn’t make sense to me,” says Neil, who did financial analysis when he worked in marketing for Union Carbide. “When I saw P/E ratios of 200 to 300, I thought it was absolute nonsense.”

Their practical investing style preserved their millionaire status when the market crashed. They also benefited from a bit of fortuitous timing when Neil, who spent the last 14 years of his career working for BP Amoco, retired in 2000. He took his retirement payout as a lump sum and invested part of the money in an immediate annuity just before interest rates started to fall, getting a bigger payout than if he had chosen the company’s pension annuity.

Neil, 65, and Maureen, 61, have $1.3 million in savings, which they haven’t had to touch. Counting the annuity and Neil’s pension from his 20 years with Union Carbide, they have a net worth of about $2.1 million. And that doesn’t include their house in Roswell, Ga., valued at about $525,000, which is almost paid off.

The McCarthys are classic stock-market millionaires, reaping the benefit of steady investing through bull and bear markets. But one piece of simple advice made all the difference: “If you wait to save out of what’s left over from your salary, it’s not going to happen. Pay yourself first.”

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03/25/2011 6:47 pm

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‘Figure out your strengths’

Soon after Scott and Mandi Leonard were married in 1996, they took a big risk. Scott quit his job as a stockbroker and started his own financial-planning business. He had no clients, no income and a big mortgage — the Leonards had just put a 10% down payment on a $320,000 house in Redondo Beach, Calif.

For three years, Scott and Mandi lived on the income from Mandi’s jobs with technology companies. Employed by Oracle and PeopleSoft, she earned valuable stock options during the go-go years of the late 1990s.

By 2000, Mandi wanted to quit working: Son Griffin was a year old and Jacob was on the way. Her PeopleSoft stock, for which she had paid $6 per share, had risen to $43, and Scott was getting nervous. They decided to sell the stock, trade up to a bigger house and stash some of the money in the bank. Says Scott, “Having a safety net was more important to us than trying to get an extra $10 per share on the stock.” And a good thing, too. Within a year, the price had dropped into the teens.

The Leonards also made a smart real-estate investment. They sold their first house for about $500,000 and moved up to an $800,000 house in Hermosa Beach. With an ocean view and a rooftop deck, the house was recently appraised for $1.45 million.

Meanwhile, Scott’s business began to take off — he now manages about $100 million in assets for his clients — and once again the Leonards decided to invest in real estate. About two years ago they paid $1.25 million for a historic but dilapidated house overlooking the water in Redondo Beach. They spent about $250,000 — mostly in cash — to renovate the property for Scott’s business. That building was recently appraised for $1.8 million.

Having astutely ridden California’s real-estate surge, the Leonards have enough home equity plus savings to put them comfortably in millionaire territory. They also have about $175,000 in 401(k) and IRA retirement funds invested in stocks, which they plan to beef up now that they have renovated their business property. “I’m very much in favor of diversifying investments,” says Scott. But if the real estate market turns soft, he’ll take the opportunity to “look hard at picking up another property.”

The Leonards owe their success to knowing the difference between a calculated risk and a ****. They felt more confident about starting a business and investing in real estate than about hanging on to their tech stocks. “Stand back and figure out your strengths and weaknesses,” says Scott, “and keep your eye on your long-term goal.”

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03/26/2011 12:26 am

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DSE Titan Bro...

Thnkx.
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03/26/2011 1:32 am

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Thanks TiTan Bro

Carry on.
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