Quotes About Investing

Diversification is the compliment that humility pays to uncertainty.

Being short and seeing a promoter take the stock up is very irritating. It's not worth it to have that much irritation in your life.

The only time to buy these is on a day with no 'y' in it.

The people who are buying stocks because they're going up and they don't know what they do deserve to lose money.

One investor's two rules of investing: Never lose money. Never forget rule #1. (Warren Buffett)

The majority of unskilled investors stubbornly hold onto their losses when the losses are small and reasonable. They could get out cheaply, but being emotionally involved and human, they keep waiting and hoping until their loss gets much bigger and costs them dearly.20 (William O'Neil)

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.

Speculating (and this includes investing and trading) is the only human endeavor in which what feels good is the right thing to do.

gambling creates risk while investing/speculating assumes and manages risk that already exists.

But this is irrational. If you wouldn't buy a stock today, you ought not hold it today, because a decision to hold is the same as a decision to buy.

When possible, divide and conquer. Have the people who make the decisions to start things be different from the people who make the decisions to stop those things. For clients of mine who are institutional investors, I have suggested that type of strategy as a way to improve their sell-side decisions. Have the committee approving what to buy be different from the committee approving what and when to sell.

Success means making profits and avoiding losses.

We have a mentoring and angel investing programme. We are also talking to the government to help create a VC industry.

During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes in behavior.

I found an approach to investing that made enormous sense to me: rigorously analyzing a company's fundamentals, understanding exactly how it makes money, developing a view on the business's future prospects, and deciding if it's a good business.

The dollar has lost over 90 percent of its value since the Fed was created.

I was desperate to understand money. Not to make it, to understand it. I wanted to know how it worked, and I wanted to know so that I would have enough and would be able to make good financial decisions. That led me to Ariel.

Dan Loeb has become a billionaire searching out value in financial markets.

Don't bottom fish.

What's so seductive about the efficient markets hypothesis is that it applies nine years out of ten. A lot of the time it works. But when it stops working, you blow up.

When the market is just going up, up, and up, we all tend to be blind to the holes in the market. They're all papered over by the rise.

There is a natural tendency for investors to devote a significant majority of their time to finding new ideas. After all, uncovering great companies selling at great prices is the lifeblood of successful investing. But in the never-ending quest for the next great idea, investors often give short shrift to their existing investments.

When reviewing one's portfolio, it is important to be aware of common mental mistakes that may lead to bad decisions. The most powerful is commitment bias, which, as manifested in investing, is the tendency to fall in love with one's stocks.

When we look at investing, we always think about 'how defensible is this, how likely is it that somebody is going to copy this.' E-commerce tends to be something easy to copy because it's execution.