STT Week end 14th April 2023, page-50

If indeed we are about to enter a bear market one should treat such an opportunity as a generational opportunity to build wealth.

As the great Warren Buffett says;

• "Price is what you pay - value is what you get."
• "If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes.”
• "It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.".
• "Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1"
• “It’s good to learn from your mistakes.It’s better to learn from other people’s mistakes.”
• “The more you learn, the more you earn.”
• "[Market turbulence] does not bother Charlie [Munger] and me.Indeed, we enjoy such price declines if we have funds available to increase our positions."
• “Risk comes from not knowing what you're doing.”
• “Be fearful when others are greedy, and greedy when others are fearful.”