Investing Quotes

Be careful of leverage. It can go against you.

You never get the high and you never get the low.

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

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

Buy stocks where the outlook is not good.

Fear and greed tend to affect one's judgement.

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

I'm a passive investor. There are people who are very aggressive; they try to buy companies.

I have been around a long time and Wall Street has changed a lot.

We get a feeling, if we can, about what we think the company is worth.

This is a business. Like any other business.

I tried to follow Ben Graham's ideas.

I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.

A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.

Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.

We enjoy the process far more than the proceeds.

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

We would do best in a market where everyone acted foolishly.

We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as "focused" investing.

I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.

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.

99% of fund managers demonstrate no evidence of skill whatsoever.

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

The trick in life is not to die. The trick in investing is not to lose.

Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.

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

Nobody wants to be passive; indexing is not passive - much more goes into indexing than watching a stock become the next buggy whip.

All sensible investing is value investing

People calculate too much and think too little.

I think that one should recognize reality even when one doesn't like it; indeed, especially when one doesn't like it.

All the research shows that investing in women is a good investment

I just want someone to explain to the American public why investing in transportation in Iraq is so much more important than investing in passenger rail right here in the United States of America.

Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the wrong time.

Experience taught me to listen to your gut, no matter how good something sounds on paper.

A good parson once said that where mystery begins religion ends. Cannot I say, as truly at least, of human laws, that where mystery begins justice ends?

The big success stories - Facebook, Zynga and Twitter - are leading to investing in ideas on a napkin, because no one wants to miss out on the next big thing.

We live in a time of instant everything, courtesy of the electronic highway. It creates a community of toddlers. When they don't get immediate gratification, they get petulant and sulky.

It is credit that matters, not money (in other words, monetarism is a false ideology).

The trick is to take risks and be paid for taking those risks, but to take a diversified basket of risks in a portfolio.

"Now you can trade the S&P 500 Index in real time" was the slogan in the newspapers for the first ETF. What kind of nut would do that?

You just have to be opportunistic, and try to figure out what creates value.. where the bottom is, what creates incremental value, and in what combinations.

It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.

We should be investing where the public returns are greatest - that is in innovation.

The safe time to invest is when there is blood in the streets.

Everybody has some information. The function of the markets is to aggregate that information, evaluate it and get it incorporated into prices.

Diversification is your buddy.

It is difficult to systematically beat the market. But it is not difficult to systematically throw money down a rat hole by generating commissions and other costs.

We know that by simply changing our allocation between stocks and bonds, we can lessen the amount of volatility in our portfolio until we reach our comfortable sleep level.

If users are not doing what the designer intended (when users are investing time, effort, etc in your product), the designer may be asking them to do too much.

Forsake search for needles that are so very small in haystacks that are so very large.