Investing Quotes

Have a philosophy of investment and try to follow it.

Don't buy on tips or for a quick move.

Managements, you know, often think of themselves.

I found that it was much better to look at the figures rather than people.

I helped Ben with the third edition of Security Analysis, published in 1951.

By setting up Berkshire Hathaway, Warren has done everything very rationally.

Nothing sedates rationality like large doses of effortless money.

Investors should remember that excitement and expenses are their enemies.

Investing requires qualities of temperament way more than it requires qualities of intellect.

The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.

There is not the slightest indication that nuclear energy will ever be obtainable. It would mean that the atom would have to be shattered at will.

But we reject the belief that America must choose between caring for the generation that built this country and investing in the generation that will build its future.

Traditionally the investor has been the man with patience and the courage of his convictions who would buy when the harried or disheartened speculator was selling.

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.

The sillier the market's behavior, the greater the opportunity for the business like investor.

If fees consume more than 1% of your assets annually, you should probably shop for another adviser.

For 99 issues out of 100 we could say that at some price they are cheap enough to buy and at some price they would be so dear that they would be sold.

The stock market resembles a huge laundry in which institutions take in large blocks of each others washing ... without rhyme or reason.

The most striking thing about Graham's discussion of how to allocate your assets between stocks and bonds is that he never mentions the word "age".

It's nonsensical to derive a price/earnings ratio by dividing the known current price by unknown future earnings.

If Bill Gates woke up with Oprah's money he'd jump out the window.

If you defer investing your time and energy until you see that you need to, chances are it will already be too late.

I've always viewed high-frequency trading as a tax on the rest of us.

Why did God invent economists? To make weathermen feel good about themselves.

Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.

Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity.

There are two kinds of people who lose money: those who know nothing and those who know everything.

I advise women to invest in real estate. It is the collateral to be preferred above all others, and the safest means of investing money.

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

Index investing outperforms active management year after year.

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

The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.

If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.

The time of maximum pessimism is the best time to buy.

If it's obvious, it's obviously wrong.

The record of a month's roulette playing at Monte Carlo can afford us material for discussing the foundations of knowledge.

Diversification is a surrogate - and a damn poor surrogate - for knowledge, elements of control, and priceconsciousness.

I favour passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.

The most important key to successful investing can be summed up in just two words-asset allocation.

It's important for you to understand that stock and bonds go up-and they go down. You need to be comfortable with that fact.

There is no such thing as a value trap. There are investing mistakes.

In our society, it's been the men who've handled most of the finances, and the women who've stood by and watched men botch things up.

Someone who seeks low-risk investments never really feels investing is safe and someone who is always right eventually winds up wrong

Average investors are on the outside trying to look into the inside of the company or property they are investing in.

In investing it is never wrong to change your mind. It is only wrong to change your mind and do nothing about it.

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

I can only hope that one day soon we'll understand our true economic buying power by investing in our own communities and putting our money into businesses that keep our dollars in our community.

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.

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

The market is a very emotional place that appeals to fear and greed.