quotations about investing
If past history was all there was to the game, the richest people would be librarians.
WARREN BUFFETT
The Tao of Warren Buffett
Invest in yourself. Your career is the engine of your wealth.
PAUL CLITHEROE
attributed, Investopedia
It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.
GEORGE SOROS
attributed, The Motley Fool, September 20, 2012
Successful investors base their investing on information. That's not too hard to comprehend, for investing not based on information is hardly more than guesswork, right?
PETER SANDER
The 25 Habits of Highly Successful Investors
The stock market is filled with individuals who know the price of everything, but the value of nothing.
PHILLIP FISHER
attributed, The Complete Guide to Portfolio Construction and Management
Success in investing doesn't correlate with I.Q. once you're above the level of 25. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.
WARREN BUFFETT
BusinessWeek interview, Jun. 25, 1999
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
WARREN BUFFETT
lecture at Columbia University
Successful investing is more than simply knowing all about stocks. Understanding yourself is equally important. Investors who make mistakes are those who allow their emotions to control their decisions, which is one of our biggest enemies when it comes to investing.
RUSMIN ANG & VICTOR CHNG
Value Investing in Growth Companies
Investing is as easy, or as complicated, as one wishes to make it.
RUBEN ALVARADO
Investing in the New Normal: Beyond the Keynesian Endpoint
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
PAUL SAMUELSON
attributed, Investopedia
We teach children to save their money. As an attempt to counteract thoughtless and selfish expenditure, that has value. But it is not positive; it does not lead the child into the safe and useful avenues of self-expression or self-expenditure. To teach a child to invest and use is better than to teach him to save.
HENRY FORD
My Life and Work
Investing is not a gamble on which stock will do better. It is an art and a science. It is the ability to make an educated guess on how, why, and when a stock will do well.
JOSHUA ANTON
Investing: Blunt and to the Point
Know what you own, and know why you own it.
PETER LYNCH
attributed, Investopedia
Bulls make money, bears make money, pigs get slaughtered.
JIM CRAMER
Mad Money
How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
ROBERT G. ALLEN
Creating Wealth
The views of buyers and sellers respecting future prices, never more than approximations to the truth, often diverge from it very widely. Waves of opinion, now in excess now in defect of the fact, rise and fall daily, and larger ones weekly and monthly, tending, every now and then, to run into mania or panic; for it is among men of business as among other men, that they stand hesitating until some one sets the example, and then rush all one way, like a flock of sheep after the leader. These characteristics in human nature, leading to these perturbations, the far-seeing buyer takes into account--judging how far existing influences have made opinion deviate from the truth, and how far impending influences are likely to do it.
HERBERT SPENCER
The Study of Sociology
I made my first investment at age eleven. I was wasting my life up until then.
WARREN BUFFET
The Tao of Warren Buffet
The only reason to invest in the market is because you think you know something others don’t.
R. FOSTER WINANS
Newsweek, December 1, 1986
For the most part, money for investing is better in the market than out. Avoid holding large amounts of cash for extended periods.
KEN LITTLE
Teach Yourself Investing in 24 Easy Lessons
The stock market is a no-called-strike game. You don't have to swing at everything -- you can wait for your pitch. The problem when you're a money manager is that your fans keep yelling, "Swing, you bum!"
WARREN BUFFETT
The Motley Fool, March 26, 2003