Best 781 quotes in «investing quotes» category

People need to have the incentive that if they invest and succeed, they can make a fair profit. Otherwise they'll stop investing.

People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.

People who invest make money for themselves; people who speculate make money for their brokers. And that, in turn, is why Wall Street perennially downplays the durable virtues of investing and hypes the gaudy appeal of speculation.

People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.

People who want to know how stocks fared on any given day ask, "Where did the Dow close?" I'm more interested in how many stocks went up versus how many went down. These so-called advance/decline numbers paint a more realistic picture.

People would be a lot more skeptical if they understood that there is an incredible amount of chance in the results that you observe for active managers. So the distribution of outcomes is enormously wide - but that's exactly what you'd expect by chance with lots of active managers who hold imperfectly diversified portfolios. The really good portfolios contain a lot of really lucky picks, and the really bad portfolios contain a lot of really unlucky picks as well as some really bad ones.

Perhaps there really are managers who can outperform the market consistently - logic would suggest that they exist. But they are remarkably well-hidden.

Perhaps you will ask whether I can raise these three millions without difficulty. Well, nearly all my capital is invested in land, but I have some money out at interest and I can borrow without any trouble.

Pessimistic visions about almost anything always strike the public as more erudite than optimistic ones

Practical investors usually learn their problem is finding enough outstanding investments, rather than choosing among too many.

Price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply and to sell wisely when they advance a great deal.

Price is the most important factor to use in relation to value.

President Marcos was investing in precious metals long before he entered politics.

Remember that a share of stock represents a part of a business and is not just a piece of paper.

Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.

Re-investing in one's own little moments of insight is very important

Probability is the very guide of life.

Professional traders have always had some system or other based upon their experience and governed either by their attitude towards speculation or by their desires.

Pundits forecast not because they know, but because they are asked.

Remember that the stock market is manic-depressive.

Risk is good. Not properly managing your risk is a dangerous leap.

Right at the core, the mainstream has it backwards. Warren Buffett often quips that the first rule of investing is to not lose money, and the second rule is to not forget the first rule. Yet few investors approach the world with such a strict standard of risk avoidance.

Rigor is always appropriate when investing in markets, whatever the ultimate conclusions may be.

Sorry, investing was pretty boring and I really missed being part of building something. I felt like I was always standing on the sidelines, so Zappos... really liked the people there and got involved full-time and I've been full-time ever since.

Sell is tough. It's the worst, it's the most difficult thing of all.

Since a relationship involves two members investing in it, its value increases twice as fast as one's investment.

So if we are really concerned about generating more taxes, we ought to be investing in our people, not taking away the kinds of resources that contribute to their ability to become greater taxpayers in this country.

Sometimes buying early on the way down looks like being wrong, but it isn't.

Second, they [those who disagree with market efficiency] always claim they know a man, a bank, or a fund that does do better. Alas, anecdotes are not science. And once Wharton School dissertations seek to quantify the performers, these have a tendency to evaporate into the air - or, at least, into statistically insignificant t-statistics.

Some investments do have higher expected returns than others. Which ones? Well, by and large they're the ones that will do the worst in bad times.

Sound investing can make you very wealthy if you're not in too big a hurry

Speculative stock movements are carried too far in both directions, frequently in the general market and at all times in at least some of the individual issues.

Spend at least as much time researching a stock as you would choosing a refrigerator.

Spend each day trying to be a little wiser than you were when you woke up.

Stockbrokers aren't too interested in a stock you can sit there for five years with.

Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market is reasonably efficient. That makes it possible for the rest of us to do the sensible thing, which is to index. Want to join me in this parasitic behavior? To build a well-diversified portfolio, you might stash 70 percent of your stock portfolio into a Wilshire 5000-index fund and the remaining 30 percent in an international-index fund.

Standing up for America, investing in America, will pay off.

'Statistics' show that 66% of clients are cured with psychotherapy; what statistics don't show is that 72% are cured without it.

Stocks are a safe bet, but only if you stay invested long enough to ride out the corrections.

Stop spending your time; start investing your time.

Surprise! The returns reported by mutual funds aren't actually earned by mutual fund investors.

Suppose it was demonstrated that one out of twenty alcoholics could learn to become a moderate social drinker. The experienced clinician would answer, 'Even if true, act as if it were false, for you will never identify that one in twenty, and in the attempt five in twenty will be ruined.' Investors should forsake the search for such tiny needles in huge haystacks.

The Americans are good about making fancy cars and refrigerators, but that doesn't mean they are any good at making aircraft. They are bluffing. They are excellent at bluffing.

Thats one of the challenges of investing in China, is the lack of clarity with respect to tax positions.

That paper money has some advantages is admitted. But that its abuses also are inevitable and, by breaking up the measure of value, makes a lottery of all private property, cannot be denied.

That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.

The best kept secret in the investing world: Almost nothing turns out as expected.

The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is resilient in case an asset-price bubble bursts in the future.

The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five or ten years ago.

The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.