Best 781 quotes in «investing quotes» category

One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do... I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up... I wait for a situation that is like the proverbial "shooting fish in a barrel.

One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks.

one of the greatest deterrents to successful investing is the three-letter word ego.

One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.

One of the tricks of this business is, keep your losses down.

One's knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence.

One thing about the business and investing world that I connect to very intimately is that there is little room to deny the harsh realities of your mistakes. A bad call can lose you many millions.

One, which I mention several times elsewhere, is the need for patience if big profits are to be made from investment. Put another way, it is often easier to tell what will happen to the price of a stock than how much time will elapse before it happens. The other is the inherently deceptive nature of the stock market. Doing what everybody else is doing at the moment, and therefore what you have an almost irresistible urge to do, is often the wrong thing to do at all.

Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.

Only when you combine sound intellect with emotional discipline do you get rational behavior.

On the issue of inflation, I think I could solve it no matter how much money it took.

On the whole, however, it is only out of pride or gross ignorance, or cowardice, that we refuse to see in the present the lineaments of times to come.

Optimism is the content of small men in high places.

Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.

Our economy is the result of millions of decisions we all make every day about producing, earning, saving, investing, and spending.

Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.

Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.

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.

Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.

Patience is one of the most valuable attributes in investing.

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.

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

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.

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

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

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.

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.

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

Probability is the very guide of life.

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.

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.

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

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

Remember that the stock market is manic-depressive.

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

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

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

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

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.

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.

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.

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.

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

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

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.