Desired Direction Quotes by Peter Cundill

More Quotes by Peter Cundill

Peter Cundill has 21 quotes on this site. A few more worth reading:

• Protect the downside. Worry about the margin of safety.
• The most important attribute for success in value investing is patience, patience, and more patience. The majority of investors do not possess…
• There will be losing years; but if the art of making money is not to lose it, then there should not be…
• To put money into anything, anywhere, provided that the downside is measurable and acceptable and the chances of a good profit appear…
• I think that intelligent forecasting (company revenues, earnings, etc.) should not seek to predict what will in fact happen in the future.…
• There is almost always a major blip for whatever reason and we have learnt to expect it and not to panic.
• We always look at the margin of safety in the balance sheet and then worry about the business.
• We do liquidation analysis and liquidation analysis only.
• There is always something to do. You just need to look harder, be creative and a little flexible.
• What differentiates us from other money managers with a similar style is that we’re comfortable with new lows.
• The difference between the price we pay for a stock and its liquidation value gives us a margin of safety. This kind…
• All we try to do is buy a dollar for 40 cents.

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