Microsoft 1999 — Great Business, Terrible Investment
“Microsoft sitting at such a low PE was crazy” -[ some guy on reddit](https://www.reddit.com/r/smallstreetbets/comments/1tjk3vp/i_have_been_buying_up_msft_and_now_for_the_past_2/).
“Investing Should Be Gamified”
[In a recent interview on CNBC](https://www.youtube.com/watch?v=XY6o7TnNUUw), Warren Buffett compared the markets to a church with a casino attached.
Average down on losers
### AVERAGE DOWN ON LOSERS
“This Time It’s Different”
There’s a line in investing, usually attributed to Sir John Templeton, that the four most expensive words in the English language are: _“This time it’s different.“_
“Bricks and Mortar Always Win” — But Do They?
Australians have a near-spiritual belief in property. It’s practically encoded in the national DNA. Bricks and mortar. Safe as houses. You can’t go wrong with real estate.
Go To Cash
Peter Lynch once said: “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”