Archive for September 2008

Famous investors – Pierre Omidyar and his selling adventure

1967 Born.
1988 Graduates from Tufts University.
1991 Co-founds Ink Development Corporation in 1991.
1995 Starts eBay as homepage hosted by the local ISP.
1996 Ink Development, renamed eShop, sold to Microsoft.
1996 eBay profitable by February. Read more

Famous investing quotations (20) – market forces

Don’t fight forces; use them.

R. Buckminster Fuller (1895–1983) US inventor, architect, and philosopher. Shelter (1932)

Investment banks shares – crap or fate?

Of course in hindisght it is always easy to make comments in hindsight and we at can be accused in this blog that this is exactly what we are doing. But without these analysis we would not learn from mistakes and of course we would be doomed to repeat them, which is not the wish of our readers I guess. Read more

Famous investing quotations 19 – timelines

The distinction between past, present, and future is only an illusion.

Albert Einstein (1879–1955) US physicist. Letter (March 1955)

Famous investing citations 18 – God and power

Power always thinks it has a great soul and vast views beyond the comprehension of
the weak, and that it is doing God’s service, when it is violating His laws.

John Adams (1735–1826) US president. Letter to Thomas Jefferson (2 February 1814)

Famous investing quotations 17 – corruption

Power tends to corrupt and absolute power corrupts absolutely.

Lord Acton (1834–1902) British historian. Letter to Bishop Mandell Creighton (5 April 1887)

Famous investing quotations 16 – about expertise

In the new organisation, power flows from expertise, not position.

Intellectual capital, 1997