"Market Price is not something to predict
but something of which to take advantage"
(Benjamin Graham)
"It is better to trust facts that we know
rather than forecast about what we do not know."
(Lawrence M. Stein)
"We don´t have an economist. We will never have an economist.
We don´t invest in the economy. We invest in businesses."
(Charles H. Brandes)
"Price is what you pay.
Value is what you get."
(Warren Buffet)
"Net Profit is an opinion.
Cash is a fact."
(Whitney R. Tilson)
"The more ambitious the forecast, the less realistic,
and the more likely it is to be wrong."
(Lawrence M. Stein)
"It is better to trust facts that we know
rather than forecast about what we do not know."
(Lawrence M. Stein)
"We don't care about markets,
we care about great businesses."
(Warren Buffet)
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Fax: 0821/  57 45 75
E-Mail: info@value-holdings.de

Georg Geiger
g.geiger@value-holdings.de

Roland Könen
r.koenen@value-holdings.de

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