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  • Writer's pictureOakmount and Partners

Day Trading vs. Long Term Investing, By Phil Town.

Updated: Nov 1, 2018

“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.” Benjamin Graham.


“Buy cheap and sell dear.” Benjamin Graham.


“invest only if you would be comfortable owning a stock even if you had no way of knowing its daily share price.” Benjamin Graham.


“A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.” Benjamin Graham.

“3 qualities of a good investor; Knowledge Courage & Patience.” Vijay Kedia.

“3 qualities of a good management; Honest Hungry & Smart.” Vijay Kedia.


“Your investment belongs to the market and your profits belong to you.”

Vijay Kedia.

“Quality investing focuses on a company’s ability to invest capital at high rates of return: post-tax levels of high-teens (and higher) are possible. Three elements drive corporate cash return on investment: asset turns, profit margins and cash conversion. Asset turns measure how efficiently a company generates sales from additional assets, which can vary greatly depending on the asset intensity of the industry itself; margins reflect the benefits of those incremental sales; and cash conversion reflects a company’s working capital intensity and the conservatism of its accounting policies.” Lawrence A. Cunningham.


''Gross profit margin demonstrates competitive advantage: it is the purest expression of customer valuation of a product, clearly implying the premium buyers assign to a seller for having fashioned raw materials into a finished item and branding it.”

Lawrence A. Cunningham.


“To achieve sustained high returns on capital requires possessing features that protect returns from competition; namely, competitive advantages. Identifying what these competitive advantages are and understanding their sustainability is an essential part of the quality investment process.” Lawrence A. Cunningham.

“Invest like a bull, sit like a bear and watch like an eagle. (mantra for long term investing)” Vijay Kedia.


“Multibagger mantra; find companies which are small in size: Medium in experience Large in aspiration & having an extra large market potential.” Vijay Kedia.

“Investing is like Yoga. Body, mind and soul have to be aligned.” Vijay Kedia.


“Chase the story behind the stock, not the money on the table. Money will make you rich, but the story will make you wealthy.” Vijay Kedia.

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Oakmount and Partners Ltd. Est 2009.

Sculpted from experience, built for success.


We provide fixed income investment opportunities, with annual returns ranging from 7-12%.


For further information regarding any of our services please feel free to contact us on:

Tel: +44 (0)203 455 2700


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