Quotes About Investment

There are three main characteristics that describe the mental state of an individual forming a part of a crowd. As you will see, the same characteristics can also be exhibited by an individual making investment and trading decisions. 1. A Sentiment of Invincible Power

It finally occurred to me that maybe studying losses was more important than searching for some Holy Grail to making money.

In betting and gambling games if you stop acting and do nothing, the losses will stop. But when investing, trading, or speculating, if you're losing and stop acting, the losses don't stop; they can continue to grow almost indefinitely.

Betting and gambling are suitable for discrete events but not for continuous processes. If you introduce the behavioral characteristics of betting or gambling into a continuous process, you are leaving yourself open to enormous losses.

Acknowledging that losses are part of business is one thing; taking and accepting those losses in the markets is something else entirely.

After you know where you want to get out of the market, then you can ascertain whether and where you are comfortable getting into the market. In contrast to what most people do, your entry point should be a function of the exit point.

Once you specify what price or under what circumstances you would no longer want the position, and specify how much money you are willing to lose, then, and only then, can you start thinking about where to enter the market.

Do not worry about failure, I would tell them. Do not worry about making mistakes in life. It is good to lose money, to go broke at least once, and preferably twice. But if you are going to do it, do it early in your career. It is better to go bust when you are talking about $20,000 than when you are talking about $20 million. Do it early, and it is not the end of the world.

money is the lance, not the grail

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

Poor people have big TV. Rich people have big library.

Take time to gather up the past so that you will be able to draw from your experience and invest them in the future.

Time is more value than money. You can get more money, but you cannot get more time.

missing, intangible, undefinable "something" that we only know exists because we don't seem to have it. "Something to do" represents the investment of the most precious commodity that we all have—our time. We all have the same amount of hours and minutes each day. Success and happiness hang in the balance based upon how

Every dollar you spend on training saves you two dollars on advertising.

We have watched our educational system begin to fray because we have taken weapons for granted and preferred a strong military to an educated population.

Growth is another widely embraced goal, along with its sister goal, market share. Like ROS, these fail to account for the capital required to compete in the industry. Too often companies pursue unprofitable growth that never leads to superior return on capital. As Porter notes wryly when he talks to managers, most companies could instantly achieve rapid growth simply by cutting their prices in half.

When you assess buyer power, the channels through which products are delivered can be as important as the end users. This is especially true when the channel influences the purchase decisions of the end-user customers. Investment advisors, for example, have enormous power, and the high margins that accompany that power. The emergence of powerful retailers like Home Depot and Lowe's has put enormous pressure on the makers of home improvement products.

I know you're competent and your thesis advisor knows you're competent. The question in our minds is are you really serious about what you're doing?" This was said to a young woman who had already spent five years and over $10,000 getting to that point in her Ph.D. program.

The art experience and the theater experience, gyms for the soul, generate heat and exercise the imagination, empathy, creative thinking, patience and tolerance. A gym for the soul is a place where personal investment is required and the return is real.

Poorer students take out larger loans and will have to contribute more to the cost of higher education.

Too many women means that men are in a good market position to enforce their preferred reproductive strategy and that strategy is likely to be one that minimizes paternal investment in favor of maternal investment.

Russia needs to be creative and to go beyond its reliance on oil and gas revenue.

Good health is not something we can buy. However, it can be an extremely valuable savings account.