Saturday, November 1, 2014

Diamond as an Investment

A diamond is an investment in an actual business.

You want to sell to an optimist and buy from a pessimist.

You need to be able to effectively deal with market fluctuation.

When I buy a diamond. I'm buying a company.

Stay dispassionate and be patient.

Buy a diamond cause you want to own it. Not cause you want to sell it.

Develop discipline and confidence.

I try and buy 0.60 cents on the dollar.  Then I don't worry too much about it.


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