180 Quotes by Naved Abdali

Short-term price action means nothing and should mean nothing to you. Keep your focus on long-term business growth.

When analyzing a business, keep things simple.

Broad-market indexes like S&P 500 must rise over the long term. The upward path is the only logical direction. Prices can be suppressed for a short period, but eventually, the index will continue its course.

The government wants to keep the capital markets healthy and thriving. They will do whatever in their power to avoid or reverse a recession.

A modest rate-of-return can accumulate a fortune over time. You don’t need to beat the market, do over-leveraging, or pick the best stock to be rich. You just need to earn a decent rate-of-return and let your money compound overtime.

Compounding has a snowball effect. It is just a tiny ball of snow at the very start, but it can turn into an avalanche over time.

The most important thing is to invest. The second most important thing is to buy well.

The total return of a property that can be rented can easily beat any other investment type. The combined rate of return of capital appreciation and rental income is substantially better.

If you decide to buy a stock solely based on price action, you cannot and will never have any faith in the company’s business.