Stocks

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

The primary test of managerial economic performance is the achievement of high earnings rate on equity capital employed. Warren Buffett - American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2011

1. Markets tend to return to the mean over time. 2. Excesses in one direction will lead to an opposite excess in the other direction. 3. There are no new eras - excesses are never permanent. 4. Exponential rapidly rising or falling markets usually go further than you think, but they do not correct by going sideways. 5. The public buys the most at the top and the least at the bottom. 6. Fear...

Common sense tells you that you will find more and sometimes better investment opportunities if you search everywhere in the world. Sir John Marks Templeton - value investor and philanthropist (1912-2008), Quotations book 2010

Speculation...is neither illegal, immortal nor un-American. But is not a game in which Charlie and I wish to play. We bring nothing to the party, so why should we expect to take anything home? Warren Buffett - American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2010

Share prices fluctuate more than share values. Sir John Marks Templeton - value investor and philanthropist (1912-2008), Quotations book 2010

To buy when others are despondently selling and to sell when others are greedily buying requires the greatest fortitude and pays the greatest ultimate reward. Sir John Marks Templeton - value investor and philanthropist (1912-2008), Quotations book 2010

Similarly, in the world of securities, courage becomes the supreme virtue after adequate knowledge and a tested judgment are at Hand. Benjamin Graham - born Benjamin Großbaum, American investor and inventor of systematic stocks analysis (1894-1976), from "The Intelligent Investor" (1949)

Investing is easier than you think, but harder than it looks. Warren Buffett - American value investor, Chairman of Berkshire Hathaway (b. 1930)

We love owning common stocks - if they can be purchased at attractive prices. Unless, however, we see a very high probability of at least 10% pre-tax returns, we will sit on the sidelines. Warren Buffett - American value investor, Chairman of Berkshire Hathaway (b. 1930)

Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised. Warren Buffett - American value investor, Chairman of Berkshire Hathaway (b. 1930)

If a business does well, the stock eventually follows. Warren Buffett - American value investor, Chairman of Berkshire Hathaway (b. 1930)

If you think you can dance in and out of stocks I want to be your broker not your partner. Warren Buffett - American value investor, Chairman of Berkshire Hathaway (b. 1930)