Lessons from the Legend

Jagannathan J
07-17

📉 1. Warren Buffett – “Be Greedy When Others Are Fearful”

• Example: In 2008–09 financial crisis, while the market panicked, Buffett bought Goldman Sachs, GE, and BNSF Railway.

• Quote:

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”

Buffett doesn’t flinch during corrections. He adds only if fundamentals remain strong.

🧠 2. Charlie Munger – “The Big Money Is Not in the Buying or Selling…”

• Quote:

“The big money is in the waiting.”

• Example: Held Coca-Cola for decades, even during flat or falling periods.

• Munger believed in letting the compounding engine work over time — not reacting to short-term price drops.

⚔️ 3. Peter Lynch – “You Get the Best Returns When Things Look the Worst”

• Quote:

“Everyone has the brainpower to make money in stocks. Not everyone has the stomach.”

• Example: During the 1987 crash, Lynch saw many of his picks fall 30–40%. He doubled down on companies with strong fundamentals.

🛠️ 4. Howard Marks – “You Make Money by Buying When Others Won’t”

• Quote:

“You can’t predict. You can prepare.”

• Marks stresses understanding market cycles. He sees drawdowns as the time to go shopping — but with selectivity and a margin of safety.

🔎 5. Ray Dalio – “Know the Machine”

Dalio uses a macro + fundamental approach. If a great business drops due to macro stress (e.g., rate hikes), he may rebalance or even increase exposure.

• He also focuses on diversification to ride out drawdowns without panic.

🔂 6. John Templeton – “Buy at the Point of Maximum Pessimism”

• Templeton made his fortune by buying deeply undervalued global stocks during crises.

• Lesson: Great businesses get mispriced during mass fear — that’s when the edge comes.


@TigerStars @Tiger_comments @Tiger_Earnings$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$  

Modified in.07-17
Jagannathan Janakiraman
Jagannathan Janakiraman is a certified Financial Risk Manager (FRM) with 17 years of experience, having started his journey in the Indian markets in 2007 as an aggressive options trader. Over time, he transitioned to long-term equity and ETF investing after realizing the compounding power of simplicity. With a strong background in derivatives, valuation, and risk, he now shares his learnings through personalized guidance.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment