“We like to say to people, ‘Don’t congratulate us when we buy a company.’ Any fool can buy a company…the hard part is what do you do with the business once you make that major investment? How do you create value...” -Henry Kravis, speaking at Talks@GS
I randomly chanced upon this tweet response to one of the influencers I follow on Twitter, and the first thing that came to my mind was "IDIOT". A lot of folks out trade in shares to enjoy the bragging rights of being a classified as a shareholder. In a similar way, tons of stock punters speculate the market, and call themselves investors because it just sounds a lot nicer than being known as a 'day trader'. Really idiots.