Best 781 quotes in «investing quotes» category

As I look back on it now, it's obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics.

As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.

A speculator gambles that a stock will go up in price because somebody else will pay even more for it.

... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.

A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional way along with his fellows, so that no one can really blame him.

As soon as you think you've got the key to the stock market, they change the lock.

At heart, "uncertainty" and "investing" are synonyms.

A true luxury is a reward for investing in and developing a real asset.

At the time we acquired Viacom, everyone said I had overpaid. But even at today's depressed prices, that investment is worth billions. Everyone was saying MTV was a fad. I knew better.

A vast industry of stockbrokers, financial planners, and investment advisers skims a fortune for themselves off the top in exchange for passing their clients' money on to people who, as a whole, cannot possibly outperform the market.

Be aware of the level of the stock market. Are yields low and PE ratios high?

Avoid second-quality issues in making up a portfolio unless they are demonstrable bargains.

Before you invest, you must ensure that you have realistically assessed your probability of being right and how you will react to the consequences of being wrong.

Before I came along, my field was dominated by myth, superstition, deceit, and outright fraud. I overcame it by the simple application of logical thinking.

Before selling, try to re-evaluate the company again and see where the stock sells in realtion to its book value.

Before you invest in anything else, exhaust the possibilities of investing in your own business first.

Before this century is over, the Dow Jones Industrial Average will probably be over one million versus around 10,000 now. So for the long-term, the outlook is tremendously bullish if you buy stocks blindly to keep for a century.

Ben was a great believer in buying a diversified group of securities, so that he limited his risk.

Ben didn't want to lose money. He had had a rough time during the depression.

Berkshire was built on the eternal verities: basic mathematics, basic horse sense, basic fear, and basic diagnosis of human nature to make predictions regarding human behavior. We stuck to the basics with a certain amount of discipline and it has worked out quite well.

Ben's emphasis was on protecting his expectation of profit with minimum risk.

Bureaucracies are progressive. meaning they have a burning fear that someone. somewhere, is doing something without permission.

Be wary of the arrogant intellectual who comments from the stands without having played on the field.

Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.

Building your own business is the best way to become rich. Then you can begin investing in other assets.

Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.

But whatever the consensus on the EMH, I know of no serious academic, professional money manager, trained security analyst, or intelligent individual investor who would disagree with the thrust of EMH: The stock market itself is a demanding taskmaster. It sets a high hurdle that few investors can leap.

But when that information travels only to a privileged few, when it is used to profit at the expense of the investing public, when that information comes by way of favored access rather than by acumen, insight or diligence, we must ask, 'Whose interest is really being served?'.

By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.

By focusing on teaching businesses about the ROI they can achieve by preserving and investing in nature, you're expanding the scope of the impact you can have.

By investing at a discount, Benjamin Graham knew that he was unlikely to experience losses.

By loving yourself, you're going to be a happy person. A lot of people don't like themselves for whatever reason.

Buy not on optimism, but on arithmetic.

Buy stocks where the outlook is not good.

By investing others with the power to dictate who you are, you rob yourself of an opportunity to truly grow.

Calculate "owner earnings" to get a true reflection of value.

By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.

Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.

Capital will always go where it’s welcome and stay where it’s well treated. Capital is not just money. It’s also talent and ideas. They, too, will go where they’re welcome and stay where they are well treated.

China is doing lots of things right. It's investing in education and R&D, it's opening up, it's more cosmopolitan than it's ever been. I think it's very likely that China will continue to explode economically and certainly become a superpower.

China is investing in factories in Eastern Europe, not because their labor costs are lower, but because they want to be closer to their markets.

Confusing speculation with investment is always a mistake.

Columbus did not seek a new route to the Indies in response to a majority directive.

Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.

Confidence in a forecast rises with the amount of information that goes into it. But the accuracy of the forecast stays the same.

Cryptography [without system integrity] is like investing in an armored car to carry money between a customer living in a cardboard box and a person doing business on a park bench.

Coronation: The ceremony of investing a sovereign with the outward and visible signs of his divine right to be blown skyhigh with a dynamite bomb.

Demanding immediate success invariably leads to playing the fads or fashions currently performing well rather than investing on a solid basis. A course of investment, once charted, should be given time to work out. Patience is a crucial but rare investment commodity.

Dealing with failure is easy: Work hard to improve. Success is also easy to handle: You've solved the wrong problem. Work hard to improve.

Debt is always repaid, either by the borrower or by the lender.