Best 781 quotes in «investing quotes» category

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

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

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.

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.

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.

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.

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.

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

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

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

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.

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.

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

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.

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.

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

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

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.

The best thing a human being can do is to help another human being know more.

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

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

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 biggest threat to advanced economies is that debt will accumulate until the overhang weighs on growth.

The chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.

The boom, not the slump, is the right time for austerity at the Treasury.

The business model piece is we're always talking about competing more effectively. If you're starting a company or career you don't want to compete. You want to create a monopoly. We want to invest in a company that has a good plan to create a monopoly.

The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank.

[T]he burden of government is not measured by how much it taxes, but by how much it spends.

The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.

The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).

The cost of performing well in bad times can be relative underperformance in good times.

The deeper one delves, the worse things look for actively managed funds.

The current financial crisis calls out for new products and services as well as more, not less, information about what is safe and profitable in the future environment.

The debate can be put in the form of the question: Resolved, that the best of money managers cannot be demonstrated to be able to deliver the goods of superior portfolio-selection performance. Any jury that reviews the evidence, and there is a great deal of relevant evidence, must at least come out with the Scottish verdict: Superior investment performance is unproved.

The definition of a Dark Age is that we no longer remember what we once could do.

The determining trait of the enterprising (or active, or aggressive) investor is his willingness to devote time and care to the selection of securities that are both sound and more attractive than the average.

The expected never happens; it is the unexpected always.

The distribution of the market is fat-tailed relative to the normal distribution... For passive investors, none of this matters, beyond being aware that outlier returns are more common than would be expected if return distributions were normal.

The distinction between investment and speculation in common stocks has always been a useful one and its disappearance is cause for concern.

The entire pursuit of value investing requires you to see where the crowd is wrong so that you can profit from their misperceptions.

The essence of investment management is the management of risks, not the management of returns.

...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals