Quotes About Stocks

The stock investor is neither right or wrong because others agreed or disagreed with him; he is right because his facts and analysis are right.

Buy cheap and sell dear.

you must thoroughly analyze a company, and the soundness of its underlying businesses, before you buy its stock; you must deliberately protect yourself against serious losses; you must aspire to "adequate," not extraordinary, performance.

A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.

The intelligent investor realizes that stocks become more risky, not less, as their prices rise—and less risky, not more, as their prices fall. The intelligent investor dreads a bull market, since it makes stocks more costly to buy. And conversely (so long as you keep enough cash on hand to meet your spending needs), you should welcome a bear market, since it puts stocks back on sale. 8

Everyone has the idea of owning good companies. The problem is that they have high prices in relations to assets and earnings, and that takes all of the fun out of the game.

If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.

Liquidity is a good proxy for relative net worth. You can't lie about cash, stocks, and bond values.

I don't think that's changed at all. I think there are a thousand stocks out there that could make you rich, totally independent of what you do for a living.

Although at one time a measure of a business's prosperity, it has become a relic: stocks should simply not be bought on the basis of their dividend yield. Too often struggling companies sport high dividend yields, not because the dividends have been increased, but because the share prices have fallen. Fearing that the stock price will drop further if the dividend is cut, managements maintain the payout, weakening the company even more.

I think over any period of time, especially if you don't use leverage, it is difficult to continually beat the S&P 500.

Wait a second, Bill: you mean to tell me that if I put you into Union Carbide at 7 and took you out at 32, and I put you into U.S. Steel at 16 and took you out at 41, and I put you into Facebook at 70 and took you out at 130, then you wouldn't be saying, 'Pick me up at least a few thousand shares of Microsoft right now, on the spot, come on'?

I would rather buy Indian equities than the S&P 500.

Nobody ever lost money taking a profit.

To know whether stocks are cheap or pricey, we typically look at price-to-earnings ratio. Valuation is a tougher question than many folks realize.

Publicly traded United States companies report sales and profits to investors every quarter.

All too often, the pitchmen are selling the notion that if you gain 'control' over your financial destiny - pick your own stocks and execute your own trades - it will be the first step on a short road to riches.

Anything commodity-like will be sold online. The world is going to trade commodities like it trades stocks.

We generate a ludicrous amount of trades in $1 to $5 stocks. Because we're free, we're the only place where you can day trade stuff like that.

Traditionally, companies have made major announcements before or after the close of trading so that all interested investors and analysts are apprised of the news before trading resumes in their stocks.

But I've been day trading stocks and I've been doing it pretty successfully.

I used to do a lot of the day trading and the stocks. I used to have the Ameritrade and trade options.

Proprietary stock-index arbitrage is but one aspect of program trading. Arbitrage will take place whenever there is an imbalance created in one or more markets that are similar.

I have very little respect for the integrity of the trading on the exchange in most stocks. And I have particular disdain for the fact that the SEC has failed to deal with high-frequency traders who are doing nothing more than taking advantage of inside information, a buy or a sell order, because of technology advantages.