Stocks

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)

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)

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

The longer the time horizon, the better the performance is likely to be. Louis A. "Lou" Simpson - American investor (b. 1936), Quotations book 2017

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

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)

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...

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...

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

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

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

Stocks are much more volatile than the businesses they represent. attributed to Robert G. Kirby - American investor (1925-2005), Quotations book 2016

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

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

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

First, you need two piles. You have to segregate businesses you can understand and reasonably predict from those you don’t understand and can’t reasonably predict. An example is chewing gum versus software. You also have to recognize what you can and can not know. Put everything you can’t understand or that is difficult to predict in one pile. That is the too hard pile. Once you know the...

Volatility does not measure risk. The problem is that the people who have written and taught about risk do not know how to measure risk. Beta is nice because it is mathematical, it is easy to calculate and it is wrong –past volatility does not determine the risk of investing. In early 1980s, farmland that had gone for $2,000 an acre, went for $600 an acre. Beta shot up. I was apparently...

The best bargains are not stocks whose prices are down most, but rather those stocks having the lowest prices in relation to possible earning power of future years. Sir John Marks Templeton - value investor and philanthropist (1912-2008), Quotations book 2011