Stocks

“With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future.” — Carlos Slim Helu

“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

“Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos

“Don’t look for the needle in the haystack. Just buy the haystack!” — John Bogle

“I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.” — Warren Buffett

“The stock market is filled with individuals who know the price of everything, but the value of nothing.” — Phillip Fisher

“In investing, what is comfortable is rarely profitable.” — Robert Arnott

“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert G. Allen

“If there is one common theme to the vast range of the world’s financial crises, it is that excessive debt accumulation, whether by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.” — Carmen Reinhart

“We don’t prognosticate macroeconomic factors, we’re looking at our companies from a bottom-up perspective on their long-run prospects of returning.” — Mellody Hobson

“Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off.” — Carlos Slim Helu

“The individual investor should act consistently as an investor and not as a speculator.” — Ben Graham

“Returns matter a lot. It’s our capital.” — Abigail Johnson

“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” — Robert Kiyosaki

“Know what you own, and know why you own it.” — Peter Lynch

“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.” — Dave Ramsey

“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

“The four most dangerous words in investing are, it’s different this time.” — Sir John Templeton

“Wide diversification is only required when investors do not understand what they are doing.” — Warren Buffett

“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.” — Peter Lynch

“The most contrarian thing of all is not to oppose the crowd but to think for yourself.” — Peter Thiel

“People focus on role models; it is more effective to find antimodels — people you don’t want to resemble when you grow up.” — Nassim Taleb

“If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.” — John Bogle

“The stock market is never obvious. It is designed to fool most of the people, most of the time.” — Jesse Livermore

“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” — Warren Buffett

“The best thing that happens to us is when a great company gets into temporary trouble…We want to buy them when they’re on the operating table.” — Warren Buffett

“Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.” — Warren Buffett

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” — Warren Buffett

“An investment in knowledge pays the best interest.” — Benjamin Franklin

“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

“Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.” — Jim Rogers

“Rule #1: Don’t lose money. Rule #2: Don’t forget Rule #1.” – Warren Buffett

“Buy not on optimism, but on arithmetic.” – Benjamin Graham

“Minimizing downside risk while maximizing the upside is a powerful concept.” – Mohnish Pabrai

“Spend each day trying to be a little wiser than you were when you woke up.” – Charlie Munger

“The desire to perform all the time is usually a barrier to performing over time.” – Robert Olstein

“Risk comes from not knowing what you’re doing.” – Warren Buffett

“If we buy the business as a business and not as a stock speculation, then it becomes personal. I want it to be personal. – Phil Town

“We don’t have an analytical advantage, we just look in the right place.” – Seth Klarman

“No wise pilot, no matter how great his talent and experience, fails to use his checklist.” – Charlie Munger

“I love quotes… but in the end, knowledge has to be converted to action or it’s worthless.” – Tony Robbins

“It is impossible to produce superior performance unless you do something different from the majority.” – John Templeton

“The secret to investing is to figure out the value of something – and then pay a lot less.” – Joel Greenblatt

“It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” – Charlie Munger

“Behind every stock is a company. Find out what it’s doing.” – Peter Lynch

“Wide diversification is only required when investors do not understand what they are doing.” – Warren Buffett

“Based on my own personal experience – both as an investor in recent years and an expert witness in years past – rarely do more than three or four variables really count. Everything else is noise.” – Martin Whitman

“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” – Albert Einstein

“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

The individual should act consistently as an investor and not as a speculator.” Benjamin Graham

“The entrance strategy is actually more important than the exit strategy.” – Edward Lampert

“In many ways, the stock market is like the weather in that if you don’t like the current conditions all you have to do is wait a while.” – Low Simpson

“The ability to focus attention on important things is a defining characteristic of intelligence.” – Robert J. Shiller

“Invest for the long-term.” – Lou Simpson

“Rapidly changing industries are the enemy of the investor.” – Mohnish Pabrai

“The easiest way to manage your money is to take it one step at a time and not worry about being perfect.” – Ramit Sethi

“The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Phillip Fisher

“Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part ownership of a business.” – Peter Lynch

“All intelligent investing is value investing. Acquiring more that you are paying for. You must value the business in order to value the stock.” – Charlie Munger

“The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett

“When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, there are smart ways to go about it.” – Phil Town

You get recession, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets. – Peter Lynch

The stock market is a device for transferring money from the impatient to the patient. – Warren Buffett

If stock market experts were so expert, they would be buying stock, not selling advice. – Norman Ralph Augustine

Investors should purchase stocks like they purchase groceries, not like they purchase perfume. – Ben Graham

Investment is most successful when it is most businesslike. – Ben Graham

In the short run, the market is a voting machine. But in the long run, it is a weighing machine. – Ben Graham

No price is too low for a bear or too high for a bull. – Unknown

We don’t have to be smarter than the rest, we have to be more disciplined than the rest. – Warren Buffett

One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute. – William Feather

The key to making money in stocks is not to get scared out of them. – Peter Lynch

Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality is distorted by a misconception. – George Soros

Even the intelligent investor is likely to need considerable willpower to keep from following the crowd. – Benjamin Graham

Wall Street makes its money on activity, you make your money on inactivity. – Warren Buffett

The four most expensive words in the english language are, “This time it’s different.” – Sir John Templeton

Individuals who cannot master their emotions are ill-suited to profit from the investment process. – Benjamin Graham

Value stocks are about as exciting as watching grass grow, but have you ever noticed just how much your grass grows in a week? – Christopher Browne

When purchasing depressed stock in troubled companies, seek out the ones with the superior financial positions and avoid the ones with loads of bank debt. – Peter Lynch

Learn everyday, but especially from the experiences of others. It’s cheaper! – John Bogle

An important key to investing is to remember that stocks are not lottery tickets. – Peter Lynch

Stop trying to predict the direction of the stock market, the economy or the elections. – Warren Buffett

The markets generally are unpredictable, so that one has to have different scenarios. The idea that you can actually predict what’s going to happen contradicts my way of looking at the market. – George Soros

Bottoms in the investment world don’t end with four-year lows, they end with 10 or 15-year lows. – Jim Rogers

Everyone has the power to follow the stock market. If you made it through fifth grade math, you can do it. – Peter Lynch

Historically, there has been a bull market in commodities every 20 or 30 years. – Jim Rogers

I think you have to learn that there’s a company behind every stock and there’s only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies. – Peter Lynch

Get inside information from the president and you will lose half of your money. If you get it from the chairman of the board, you will lose all your money. – Jim Rogers

I have found that when the market’s going down and you buy funds wisely, at some point in the future, you will be happy. You won’t get there by reading. Now is the time to buy. – Peter Lynch

Index investing outperforms active management year after year. – Jim Rogers

The price of a commodity will never go to zero. When you invest in commodities futures, you are not buying a piece of paper that says you own an intangible of company that can go bankrupt. – Jim Rogers

You get recession, you get stock market declines. If you don’t understand that’s going to happen, then you are not ready and you will not do well in the markets. – Peter Lynch

Tough times helped many commodities traders become lean and mean through consolidation, mergers and cost cutting. All that excess supply has been stopped up. – Jim Rogers

To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. – Rich Dad

Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it. – Warren Buffett

When everything seems to be going against you, remember that the airplane takes off against the wind, not with it. – Henry Ford

Most people give up just when they are about to achieve success. They quit on one yard line. They give up at the last minute of the game one foot from a winning touchdown. – Henry Ross Perot

It’s never too late to learn. – Malcolm Forbes

You must not only learn to live with tension, you must seek it out. You must learn to thrive on stress. – J. Paul Getty

I think this is also a great time to invest in private equity, helping companies grow from the ground top. – Jim Rogers

I don’t think there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature. – John D. Rockefeller