Quotes About Investors

Investors long for steady waters, but paradoxically, the opportunities are richest when markets turn turbulent.

When losses mount, leveraged investors such as Long-Term are forced to sell, lest their losses overwhelm them. When a firm has to sell in a market without buyers, prices run to the extremes beyond the bell curve.

Investors have very short memories.

Sophisticated investors subscribed to newsletters such as Fred Hickey's Hi-Tech Strategy letter, Richard Russell's Dow Theory Letter, Grant's Interest Rate Observer, Marc Faber's Gloom, Boom and Doom Report, or welling@weeden, a newsletter that began circulating in 1999, featuring interviews with some of the best minds in the financial community.

But since the Shanghai Surprise, statisticians show that any move in the S&P is sufficient to explain 40 percent of moves in the yen, and vice versa. As they should have nothing in common, this implies that neither market is being priced efficiently. Instead, these entangled markets are driven by the same investors, using the same flood of speculative money.

In the stock market, however, as de la Vega points out, "the news [as such] is often of little value;" in the short run, the mood of the investors is what counts.

individual investors, as opposed to institutional ones, which is to say people who would be described anywhere but on Wall Street as private individuals—played an astonishingly large role in the whole affair, accounting for an unprecedented 56.8 per cent of the total volume.

The point is that market returns are determined by both investment factors—the fundamentals of the initial dividend yield on stocks plus the rate at which their earnings grow—and by speculative factors— the change in the price that investors will pay for each $1 of corporate earnings.

I believe that the Total Stock Market Index Fund should be the investment of choice for most investors, covering as it does the entire U.S. stock market, and

My recommendations for investors in the accumulation phase of their lives, working to build their wealth, focused on a stock/bond mix of 80/20 for younger investors and 70/30 for older investors. For investors starting the post-retirement distribution phase, 60/40 for younger investors, 50/50 for older investors.

Lesson: Do not assume that what investors call momentum, a long streak of either rising or falling prices, will continue unless you can make a sound case that it will.

Not all our investors reacted with such aplomb, but every last one of our more than ninety limited partners stood fast. No one asked to withdraw.

Unlike some hedge fund managers who also had a waiting list, we could have increased our fees by raising our share of the profits or adding more capital, thereby driving down the return to limited partners. Such tactics by the general partner to capture nearly all the excess risk-adjusted return, or "alpha," rather than share it with the other investors are what economic theory predicts. Instead, I preferred to treat limited partners as I would wish to be treated in their place.

The list of issues goes on, the point being that hedge fund investors don't have much protection and that the most important single thing to check before investing is the honesty, ethics, and character of the operators.

Understanding and dealing correctly with the trade-off between risk and return is a fundamental, but poorly understood, challenge faced by all gamblers and investors.

challenge efficient market theorists to answer these questions: Why were people willing to pay $14,850 for 135 shares of PALM when they could have paid $7,000, and why were some investors buying PALM stock at a price that set a value of $53 billion for the company instead of acquiring it at a price of less than half as much by buying it via 3Com stock? It's not a question of information. The terms were simple, public, and known in advance.

In its simplest form, investors sell losing stocks before the end of the current year, realizing losses that reduce the year's income taxes. This behavior contributes to the so-called January effect where selling pressure in December further depresses the stock prices of the year's losers, followed by a rebound and excessive performance in January.

Portfolio insurance was designed to protect investors from large market declines. Ironically, the cure became the cause.

What I had done was focus on a price that was of unique historical significance to me, only me, namely, my purchase price. Behavioral finance theorists, who have in recent decades begun to analyze the psychological errors in thinking that persistently bedevil most investors, call this anchoring (of yourself to a price that has meaning to you but not to the market).

Share prices go up abnormally when there are not enough investors and fall down sharply when enough public money has been collected by the listed companies

Stock market operation has been designed in such a way that largely small investors and traders lose money eventually and listed companies and big brokerage firms make a lot of profits only

The quality and quantum of potential investors in Africa is huge.

At the end of 2000, most investors were optimistic that a return to quick gains could not be far off.

If companies are able to raise equity from the market, then their problems for financing incomplete projects will come to end. Investment cycle in the capital market can kick-start with the money of savers and investors.