Viet: Volatile Market

Friday, May 13, 2022

Volatile Market

“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful” ― Warren Buffett, The Essays of Warren Buffett: Lessons for Corporate America

Elon Musk on Twitter: "Since I’ve been asked a lot: Buy stock in several companies that make products & services that *you* believe in. Only sell if you think their products & services are trending worse. Don’t panic when the market does. This will serve you well in the long-term."

(https://mobile.twitter.com/elonmusk/status/1520650036865949696)

The Tech Selloff Is Ugly. But the 2000 and 2008 Crashes Were Far Worse.

By Evie Liu. Barron's. May 12, 2022

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“Trust in the LORD and do good that you may dwell in the land and live secure.” (Psalms 37:3)

“Cast all your worries upon him because he cares for you.” (1 Peter 5:7, NABRE)

“Limit the time you spend among the stupid, but frequent the company of the thoughtful.” (Sirach 27:12)

“God gave me my money. I believe the power to make money is a gift from God—to be developed and used to the best of our ability for the good of mankind. Having been endowed with the gift I possess, I believe it is my duty to make money and still more money and to use the money I make for the good of my fellow man according to the dictates of my conscience.” ―John D. Rockefeller

“I believe God is managing affairs and that He doesn't need any advice from me. With God in charge, I believe everything will work out for the best in the end. So what is there to worry about.” ― Henry Ford

“Aim for the highest; never enter a bar-room; do not touch liquor, or if at all only at meals; never speculate; never indorse beyond your surplus cash fund; make the firm’s interest yours; break orders always to save owners; concentrate; put all your eggs in one basket, and watch that basket; expenditure always within revenue; lastly, be not impatient.” ― Andrew Carnegie, The Road to Business Success