Stocks

Purchasing patterns

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.. Warren Buffett - American value investor, chairman of Berkshire Heathaway (b. 1930), Quotations book 2008

Broker

Brokers know the price of everything and the value of nothing. attributed to Philip A. Fisher - American Growth investor and mentor of Warren Buffett (1907-2004)

Long-term-performance

We focus not on the performance of our stocks on the short run but on the performance of our business. Stockholder"s slogan

Obedient stockholders

The typical American stockholder is the most docile and apathetic animal in captivity. He does what the board of directors tell him to do and never thinks of asserting his individual rights as owner of the business and employer of its paid officers. Benjamin Graham - born Benjamin Großbaum, American investor and inventor of systematic stocks analysis (1894-1976)

Selection

It is only occasionally that there is any reason for selling (carefully selected stocks) at all. Philip A. Fisher - Growth-Investor and mentor of Warren Buffett (1907-2004), Quotations book 2007

Investment strategy

Whenever you sell a stock, thinking it will go down, somebody else has to buy it, thinking it will go up. One of you is wrong – every time. That’s why you always have to think about, if and why you are on the right side of the trade. An that is why you have to start with a systematic search strategy and not with coincidence. Bruce C. Greenwald - American professor for finance and asset...

Mutual Funds

There was only one place to make money in the mutual fund business – as there is only one place for a temperate man to be in a saloon, behind the bar and not in front of it… so I invested in a management company. Paul A. Samuelson – American economist, Nobel-Memorial Prize in economic sciences 1970 (1915-2009), Quotations book 2007

Long-term investments

More fortunes are made by sitting on good securities for years at a time than by active trading. Philip L. Carret - American investor, founder of Pioneer Fund (1896-1998), Quotations book 2005

Holding period

How long should you hold a stock? As long as the good things that attracted you to the company are still there. Philip L. Carret - American investor, founder of Pioneer Fund (1896-1998), Quotations book 2005

Equity participation

I don"t have sense enough to figure out when to go into cash, so we"re always fully invested in stocks. Philip L. Carret - American Investor and founder of Pioneer Fund (1896-1998), Quotations book 2005

Wrong objective

Don"t chase performance - you will always be late. Perry J. Kaufman - American financial theorist, investment-expert and author (b. 1943)