Wisdom of Great Investors - Quotes
Shelby M.C Devis
“Invest for the long haul. Don’t get too greedy and don’t get too scared.”
Benjamin Graham
“The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.”
Charles Munger
“Waiting helps you as an investor and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.”
Warren Buffett
“The stock market is a device to transfer money from the impatient to the patient.”
Peter Lynch
“Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.”
Jack Bogle
“The idea that a bell rings to signal when to get into or out of the stock market is simply not credible. After nearly fifty years in this business, I don’t know anybody who has done it successfully and consistently. I don’t even know anybody who knows anybody who has.”
Christopher Davis
“Though tempting, trying to time the market is a loser’s game. $10,000 continuously invested in the market over the past 20 years grew to more than $48,000. If you missed just the best 30 days, your investment was reduced to $9,900.1”
Mellody Hobson
"We don't prognosticate macroeconomic factors, we're looking at our companies from a bottom-up perspective on their long-run prospects of returning."
Seth Klarman
“We don’t have an analytical advantage, we just look in the right place.”
Jeff Bezos
"Given a 10% chance of a 100 times payoff, you should take that bet every time."
Martin Whitman
“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.”
Phillip Fisher
“The stock market is filled with individuals who know the price of everything, but the value of nothing.”
Robert G. Allen
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”
Robert Olstein
“The desire to perform all the time is usually a barrier to performing over time.”
Carlos Slim Helu
"Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."
Peter Thiel
"The most contrarian thing of all is not to oppose the crowd but to think for yourself."
Hendrith Vanlon Smith Jr
“Stock Traders are always trying to time the market. But an investor tends to be thinking bigger, more broadly, and more holistically.”
Naved Abdali
“Always remember, the minority dictates the price. A company may have billions of shareholders, but it only takes one shareholder to change the price.”
Norman Ralph Augustine
If stock market experts were so expert, they would be buying stock, not selling advice.