Quotes About Investing

I think a very good system in a world with a lot of passive investors is one in which there are at least a few entrepreneurial investors, prepared to say what they think, prepared to propose a change in management, change in strategy, change in cost structure, capital structure.

The most important thing for us is investing and making companies great, and then they have all the options they want, whether that's to go public or stay private.

Leadership is not about you; it's about investing in the growth of others.

Our approach to continuously investing in the scales and capabilities of our people helps us meet the needs of our clients and enhances our ability to attract the very best talent in our industry.

As a professional services company, our people ultimately make the difference in delivering high-quality services to clients. This is why we are so focused on attracting the best people and investing to further develop their skills.

As a rule, bond funds will not double your money overnight.

I think average investors should not trade a lot. The evidence is overpowering. The more you trade, the less you earn.

People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.

Because it's not how much money you make that matters, it's how much money you keep.

The stock market has predicted nine out of the last five recessions.

Successful stock-picking isn't mysterious, but it does take some time, effort, and analysis. And the effort is worthwhile because stocks are a convenient and important part of most investors' portfolios.

Before you buy, you need to know that the company you're investing in is Financially sound and growing Offering products and/or services that are in demand by consumers In a strong and growing industry (and general economy)

This book is designed to give you a realistic approach to making money in stocks. It provides the essence of sound, practical stock investing strategies and insights that have been market-tested and proven from more than 100 years of stock market history.

Mid cap ($1 billion to $10 billion): For many investors, this category offers a good compromise between small caps and large caps. These stocks have some of the safety of large caps while retaining some of the growth potential of small caps. Large cap ($10 billion to $50 billion): This category is usually best reserved for conservative stock investors who want steady appreciation with greater safety. Stocks in this category are frequently referred to as blue chips.

Do as others do, not as they say. Sometimes, what people tell you to do with stocks is not as revealing as what people are actually doing. This is why I like to look at company insiders before I buy or sell a particular stock.

nothing (and I mean nothing!) has a greater effect on investing and economics than government.

If international investing interests you and you see it as a good way to be more diversified (beyond the U.S. stock market), then consider exchange-traded funds (ETFs) as a convenient way to do it.

When a stock doubles, sell half - then what you have is a free position. Then it becomes more of an art form. When you sell depends on individual circumstances.

FOR LONG-TERM DREAMS (FOUR TO TEN YEARS) Once you get to dreams that are going to take you more than four years to save for, you should really consider putting your dream-basket money into growth-oriented investments. Because you've got more time, you can afford to take more risk to get a bigger return. To my mind, that means investing in stock-based mutual funds.

lo que determina su riqueza no es cuánto dinero gana sino cuánto dinero guarda de lo que gana.

Equally important to Yale's own success has been its extensive network of professional friendships throughout the world of investing. Among the very bright and well-connected, how they spend their time is always a matter of free choice because everyone has lots of alternatives about how they share insights and information—and with whom.

The sixth secret is that, as Charles Darwin tried to explain, survival of the fittest is not determined by competitive strength, but rather by social desirability. There's more money than certified talent in the world of investing, so outstanding investment managers have many choices because so many investors want to be their clients.

In spite of its limitations as a tax-efficient investing vehicle, on an after-tax basis over the two decades of the Arnott study, the Vanguard 500 Index Fund bests the average mutual fund by 2.8 percent per year. Only 14 percent of funds, as shown in Table 7.6, post superior after-tax results, winning by an average margin of only 1.3 percent per year. Losers, much larger in number than winners, lose by a greater margin, posting a 3.2 percent per annum after-tax deficit.

Well-constructed academic studies confirm the theoretical premise. Robert Arnott's 2000 examination of U.S. equity mutual-fund returns shows a twenty-year pre-tax deficit of 2.1 percent per year relative to the result achieved by investors in Vanguard's 500 Index Fund. Nearly 80 percent of actively managed funds failed to reach Vanguard's market-mimicking return.