Phrase by 'Li Lu'
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In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not only is the mere drop in stock prices not risk, but it is an opportunity. Where else do you look for cheap stocks?
Author: Li Lu - American BusinessmanYou , Look , View , Opportunity
For the vast majority of mankind's history, economic activity consisted of finding energy and using energy.
Author: Li Lu - American BusinessmanEnergy , History , Finding , Economic
Investing is about predicting the future, and the future is inherently unpredictable. Therefore, the only way you can do better is to assess all the facts and truly know what you know and know what you don't know. That's your probability edge.
Author: Li Lu - American BusinessmanYou , Better , Way , Future
The game of investing is a process of discovering who you are, what you're interested in, what you're good at, what you love to do, then magnifying that until you gain a sizable edge over all the other people.
Author: Li Lu - American BusinessmanLove , You , People , Good
Whatever you are is because of what your ancestors have done.
Author: Li Lu - American BusinessmanYou , Your , Done , Whatever
Without a free man, there is no free market. That's called exploitation.
Author: Li Lu - American BusinessmanMan , Free , Without , Market
No dictatorship can be sustained within the context of an information revolution.
Author: Li Lu - American BusinessmanDictatorship , Revolution , Information
The financial crisis of 2008-09 was in large part the result of the so-called 'success' of people who did not understand their fiduciary duty. This kind of 'success' is extremely harmful to all of society.
Author: Li Lu - American BusinessmanPeople , Understand , Society , Success
I think we Chinese are just as capable, as diligent, as hardworking, as peace-loving, and as creative as people everywhere.
Author: Li Lu - American BusinessmanPeople , Just , Think , Creative
I grew up in Communist China and never had much money to my name, and then, all of a sudden, I had giant student loans.
Author: Li Lu - American BusinessmanNever , Name , Money , Student
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