Quotes About Investing

I made my money by selling too soon.

a leadership development plan has to address these three phases: Identifying emerging leaders Investing in the development of emerging leaders Entrusting responsibility to emerging leaders

You can't make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.

For most people, attaining the intellectual clarity and emotional detachment that investing requires is tough.

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.

I do a lot of media work, I've been investing and I'm involved with real estate. It's totally different from what I had been doing but I find it challenging and fun. To be honest, I really don't miss the track. I pretty well accomplished what I set out to do and it was time to move on.

I think I have a good track record, both in commercial investing and in philanthropic investing. I don't have any interest in creating a named foundation; I have an interest in really good impact for capital. I think I'm pretty good at doing it, so I'm going to apply myself to doing it in my lifetime.

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

Derivatives in and of themselves are not evil. There's nothing evil about how they're traded, how they're accounted for, and how they're financed, like any other financial instrument, if done properly.

As consumers adopt crypto, we hope that they'll also be interested in trading equities and options.

If you're trading individual securities, you're almost certainly making a mistake. Because most professional managers can't outperform their benchmarks, and there's little reason to think that individuals can.

What indexing does is neutralize a large part of the stock market. There's no trading in those stocks, or almost none.

Some hedge fund managers have made big bucks trading oil futures - George Soros is one.

I think what is meant by animal spirits is to be pro-active on all things that you do. For example, in the mind of management they will try to increase their revenue from sales, and they will try to increase their profits, and they will be positively investing in human resources which will be necessary in growing the company. That would be the animal spirits. I think, exactly, Japan is in the process of regaining this animal spirit.

Let's hope brands recognize that the true power of this technology is not its reach but its ability to communicate substance that adds meaning to our lives. Otherwise, brands will be investing in technology that consumers simply won't buy.

Hold an index fund for 20 years or more, adding new money every month, and you are all but certain to outper-forms the vast majority of professional and individual investors alike. Late in his life, Graham praised index funds as the best choice for individual investors, as does Warren Buffett.6

The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavioral discipline that are likely to get you where you want to go. In the end, what matters isn't crossing the finish line before anybody else but just making sure that you do cross it.8

Since the profits that companies can earn are finite, the price that investors should be willing to pay for stocks must also be finite.

A recent article in the Financial Analysts Journal confirmed what other studies (and the sad experience of many investors) have shown: that the fastest-growing companies tend to overheat and flame out.

Many skeptics, it is true, are inclined to dismiss the whole procedure [chart reading] as akin to astrology or necromancy; but the sheer weight of its importance in Wall Street requires that its pretensions be examined with some degree of care.

The heart of Graham's argument is that the intelligent investor must never forecast the future exclusively by extrapolating the past.

the really dreadful losses" always occur after "the buyer forgot to ask 'How much?

According to tradition the sound reason for increasing the percentage in common stocks would be the appearance of the "bargain price" levels created in a protracted bear market. Conversely, sound procedure would call for reducing the common-stock component below 50% when in the judgment of the investor the market level has become dangerously high.

But in other cases, making allowance for conversion rights—and the existence of stock-purchase warrants—can reduce the apparent earnings by half, or more.