As an investor it is important to read and understand how markets work and although you may have a bias towards larger profitable dividend companies, it is still important to thing about the small companies. One book of many on the subject is called How to Become a Microcap Millionaire written by Justin Waite, published by Harriman House, Hamshire Great Britain, 2024.

the book has many quotes in it

The first rule of investments is don’t lose money. The second rule of investment is: don’t forget the first rule. Warren Buffett

The Chinese do not have a word for crisis. What they do have, however, is a two-word idiom: crisis equals danger and opportunity Bennett Goodspeed

Successful investors are disciplined. Their investment decisions are not driven by greed, fear and emotions Anon

Remember the two benefits of failure. First, if you do fail, you learn what doesn’t work; and second, the failure gives you the opportunity to try a new approach Roger Von Oech

An investment in knowledge pays the best interest Benjamin Franklin

Don’t look for the needle in the haystack. Just buy the haystack John C Bogle

Maybe you’re right 5 or 6 times out of 10. But if your winners go up 4- or 10- or 20- fold, it makes up for the ones you lost 50%, 75% or 100%. Peter Lynch

I don’t think it’s productive to wallow in regret. But if you’ve lost money in a stock and you don’t learn anything, that’s wasted money. Figure out what it is that you did wrong and don’t do it again Joel Tillinghast

You can only know so many companies. If you’ve managing 50 or 100 positions, the chances that you can add value are much, much lower Lou Simpson

Fortunes are made and lost by thousands of men in the stock market; they are made and kept by a few dozen Edwin Lefevre

I think the secret is if you have a lock of stocks, some will do mediocre, some will do OK, and if one or two of ’em go up big time, you produce a fabulous result Peter Lynch

Some stocks go up 20-30% and they get rid of it and hold onto the dogs. And it’s sort of like watering the weeds and cutting out the flowers. You want to let the winners run Peter Lynch

The stock market is filled with individuals who know the price of everything, but the value of nothing Phillip Fisher

A river is honored for its fish, not its size. Matshona Dhliwayo

It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong. George Soros

I will tell you how to become rich …. Be fearful when others are greedy, Be greedy when others are fearful Warren Buffett

Once a business is well established, the greatest opportunity for gain is afforded during the period of growth in earning power T. Rowe Price

All intelligent investing is value investing – acquiring more than you are paying for. You must value the business in order to value the stock. Charlie Munger

Hope is not an investment strategy. Hope is a component of a healthy state of mind, and the opposite of negativity that we see all around. But then, when it comes to the stock market, hope is dangerous. Anon

The greatest wealth is health. Anon

If you find 3 wonderful businesses in your life, you’ll get very rich. Warren Buffett

If you invest nothing, the reward is worth little. Anon

Under the tenets of behavioral finance, markets are not always efficient. It is human behavior that moves markets and not the universal information shared market participants. Gary Antonacci

The individual investor should act consistently as an investor and not as a speculator Ben Graham

It amazes me how people are often more willing to act based on little or no data than to use data that is a challenge to assemble. Robert Shiller

It ain’t about how hard you hit. It’s about how hard you can get hit and keep moving forward; how much you can take and keep moving forward. That’s how winning is done. Rocky Balboa

Linking to dividend paying stocks, all the quotes are famous because they are true, but they are also hard to do. It is difficult to find companies, it is difficult to learn from failures, it difficult to let winners run because taking profits is a good thing. It is easier to buy profit making companies that pay dividends because the total return is a good return. If you invest in micro stocks, you will lose money, but you have great gains, it is risky. The non riskier method is to buy profitable companies and hold them as long as they stay profitable.

There are more questions than answers, till the next time – to raising questions.