Unpredictable stock market
If you believe you or anyone else has a system that can predict the future of the stock market, the joke is on you. Ralph Wanger - American fund manager (b. 1934), from "A Zebra in Lion Country" (1999)
Stocks
Endurance
Time is your friend, impulse is your enemy. John C. Bogle - American author and founder of The Vanguard Group and the world’s first index mutual fund (b. 1929)
Be prepared
If you have trouble imagining a 20% loss in the stock market, you shouldn"t be in stocks. John C. Bogle - American author and founder of The Vanguard Group and the world’s first index mutual fund (1929-2019)
Stock market
In the long run, the stock market is 100% economics and 0% emotions. John C. Bogle - American author and founder of The Vanguard Group and the world’s first index mutual fund (1929-2019)
Benchmark-indifferent
Pick cheap stocks. If you are any good at it, they will do better than the good, the bad and the ugly included in the index. Massimo Fuggetta – Italian Asset manager, CIO at Bayes Investments (b. 1961), in his presentation "Investing: Theory vs. practice" (14 March 2019)
Precaution
Before you attempt to beat the odds, make sure you can survive the odds beating you. Dr. Lawrence "Larry" Kersten - American sociologist and author (1933-2006), Quotations book 2017
Long-term
The longer the time horizon, the better the performance is likely to be. Louis A. "Lou" Simpson - American investor (b. 1936), Quotations book 2017
Courage for the unpopular
Take advantage of the high rate of analyst forecast error by simply investing in out-of-favour stocks. David N. Dreman – Canadian investor, founder and Chairman Dreman Value management (b. 1936), in "Contrarian Investment Strategies: The Next Generation", rule 10 (1998), Quotations book 2017
Investment Success
The unfortunate reality is that investment success cannot be captured in a mathematical equation or a computer program. Seth A. Klarman - American investor, president and CEO: The Baupost Group, LLC (b. 1957), from "Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor" (2000)
Niche
Most leading brokers cannot spare the time and money to research smaller stocks. You are therefore more likely to find a bargain in this relatively under-exploited area of the stock market. James D. "Jim" Slater - British entrepreneur and investor (1929-2015), from "The Zulu Principle: Making Extraordinary Profits from Ordinary Shares" (1992)
Valor
Do you really like a particular stock? Put 10 percent or so of your portfolio on it. Make the idea count. ... Good [investment] ideas should not be diversified away into meaningless oblivion. William H. "Bill" Gross - American Fonds Manager and company founder (b. 1944), from "Everything You’ve Heard About Investing Is Wrong! How to Profit in the Coming Post-Bull Markets" (1997), Quotations...
Sow and reap
If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people. But if you’re willing to invest on a seven-year time horizon, you’re now competing against a fraction of those people, because very few companies are willing to do that. Just by lengthening the time horizon, you can engage in endeavors that you could never otherwise pursue. At...
Stock market success
To make money in stocks you must have the vision to see them. The courage to buy them and the patience to hold them. George Fisher Baker - American financier and philanthropist (1840-1931), quoted by Thomas Phelps (American stocks analyst, 1902-1992) in "100 to 1 in the Stock Market" (1972), Quotations book 2015
Time to sell
When good news about the market hits the front page of the New York Times, sell. Bernard M. Baruch - American financier, adviser to several American presidents (1870-1965), Quotations book 2015
Intelligent investment
Investment is most intelligent, when it is most businesslike. Benjamin Graham - born as Benjamin Großbaum, American investor and inventor of systematic stocks analysis (1894-1976), from "The Intelligent Investor" (1949), Quotations book 2015
Volatility
Stocks are much more volatile than the businesses they represent. attributed to Robert G. Kirby - American investor (1925-2005), Quotations book 2016
Contrarian
To be better than the market, you have to sell what others are buying and the other way around. Dr. J. B. Mark Mobius - American portfolio manager, pioneer in emerging-market investing, known as "Grand Master of Asian stocks" (b. 1936), Quotations book 2016
Investment success
Investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and markets. Rather an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace. Warren Buffett - American value investor, Chairman of Berkshire...
Courage
With each investment you make, you should have the courage and the conviction to place at least 10 per cent of your net worth in that stock. Warren Buffett - American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2015
Bargains
If you"re going to buy the best bargains, you have to buy the things that people are selling. Sir John Marks Templeton - value investor and philanthropist (1912-2008), Quotations book 2014