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I've been doing this for years. Never invest in a company with the target price for the stock in the name of the company.
Andy Kessler
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The stock of the greatest company in the world is crap if every investor already thinks it is the greatest company in the world.
Andy Kessler
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A product lowers the cost of doing something and eventually, customers will figure this out and buy the stuff in big volume, but they're not going to buy yet. You've got to have real conviction to step up and own this kind of company-you're staring over the edge of the waterfall, not sure when the growth is going to start.
Andy Kessler
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Stocks are a voting mechanism, pure and simple. They are a collective vote of expectations of each company's future fundamentals.
Andy Kessler
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Andy Kessler
Born:
1958
(age 66)
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