Quotes & Sayings About Investing

You never get the high and you never get the low. — Walter Schloss

The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle. It's convenient for a bunch of pension fund consultants to get fees prattling about and a way for one advisor to distinguish himself from another. But, to me, all intelligent investing is value investing. — Charlie Munger

Just as a cautious businessman avoids investing all his capital in one concern, so wisdom would probably admonish us also not to anticipate all our happiness from one quarter alone. — Sigmund Freud

Don't sell on bad news. — Walter Schloss

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. — Jesse Lauriston Livermore

Some people, through luck and skill, end up with a lot of assets. If you're good at kicking a ball, writing software, investing in stocks, it pays extremely well. — Bill Gates

Nearly every time I strayed from the herd, I've made a lot of money. Wandering away from the action is the way to find the new action. — Jim Rogers

I went through some tough times because if you're used to having a voice in contemporary culture and all of sudden, you don't have that voice, you don't have that outlet. I didn't appreciate that. I didn't understand how important that was to me. And all of a sudden, after investing all this time and energy, I had no identity. I didn't know who I was. I didn't know what I had to say. I didn't have a way to say it. It was very painful. — Tom Ford

In a lot of ways it is easier to do things on a large scale. It is easier to build a skyscraper in Manhattan than it is to buy a bungalow in the Bronx. For one thing, it takes just as much time to close a big deal as it does to close a small deal. You will endure as much stress and aggravation; you will have all the same headaches and problems. It is easier to finance a big deal. Bankers would much rather lend money for a big project than for a small one. They are more comfortable investing money in a big prestigious building than they are a rundown house in a bad section of town. If you succeed with the big project, you stand to gain a lot more money. — Donald J. Trump

The typical fund company services 401k plan participants in the same way that Baby Face Nelson serviced banks. — William J. Bernstein

Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market is reasonably efficient. That makes it possible for the rest of us to do the sensible thing, which is to index. Want to join me in this parasitic behavior? To build a well-diversified portfolio, you might stash 70 percent of your stock portfolio into a Wilshire 5000-index fund and the remaining 30 percent in an international-index fund. — Paul Samuelson

Mutual funds were created to make investing easy, so consumers wouldn't have to be burdened with picking individual stocks. — Scott Cook

Fear has a far greater grasp on human action than the impressive weight of historical evidence. — Jeremy Siegel

investors. I have been a student of the philosophy of value investing, which of course was established, executed, and popularized by superinvestors Benjamin Graham, Warren Buffet, and Seth Klarman among — Sundeep Bajikar

Investing is a business where you can look very silly for a long period of time before you are proven right. — Bill Ackman

Now is always the hardest time to invest. — Bernard Baruch

It just seems logical that sticking to investing in only a small number of companies that you understand well, rather than moving down the list to your thirtieth or fiftieth favorite pick, would create a much greater potential to earn above-average investment returns. — Joel Greenblatt

Investing is simple. It's the financial industry that works hard to make it complex! — Robert Rolih

I was encouraged to break all the rules but to take the best of philanthropy, the best of investing, and the best of development finance, and experiment with new ways to create this venture capital model of using philanthropy to back patient capital investments, and then build solutions that were measured in terms of the kind of impact and change they were making on people's lives and in the world, not just on the financial return. — Jacqueline Novogratz

Diversity is essential to happiness and in Utopia there is hardly any. This is a defect in all planned social systems. — Bertrand Russell

I'm able to lead my life as well as make a film. My wife and my friends and people around me know that I do tend to distance myself a little bit during the making of a film, but I have to, it's a natural part of the process for me because you are indulging in the headspace of somebody else, you are investing in the psychology of somebody else and you are becoming somebody else, and so there isn't enough room for you and that somebody else. — Guy Pearce

If your broker or investment advisor is not familiar with the concept of standard deviation of returns, get a new one. — William J. Bernstein

In public market investing, as in many things, you achieve big success when you're both contrarian and right. — Reid Hoffman

What interests me is starting businesses on our own, finding ideas that we can support, and simply investing in invention. — Barry Diller

99% of fund managers demonstrate no evidence of skill whatsoever. — William J. Bernstein

People always try to make self-published authors feel insignificant. I have more respect for self-published authors, because I know the adversity they faced. They didn't just write a manuscript, query letter, and blam book deal. These authors had to do it the difficult way. There is no publisher, or agents, investing time, and money into making their book. Just the indie author's manuscript, own currency, and persistence. — Mary Sage Nguyen

Don't use your advance to buy an antique sports car, diamonds by the yard, or a bottle of wine from Thomas Jefferson's cellar instead of investing in your book. — M.J. Rose

The S&P is up 343.8 percent for 10 years. That is a four-bagger. The general equity funds are up 283 percent. So it's getting worse, the deterioration by professionals is getting worse. The public would be better off in an index fund. — Peter Lynch

Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage. — Peter Lynch

It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them. — Peter Lynch

You see countries like India really investing in their space program because they see it as inspirational and good for their economy. — Ellen Stofan

Maryland schools succeed because we have never stopped investing in our students and doing the things that work. — Martin O'Malley

But we reject the belief that America must choose between caring for the generation that built this country and investing in the generation that will build its future. — Barack Obama

Your assets are your employees. Invest more on those performing well. Let the non performers go. — Manoj Arora

Event-driven investing: — Michael Lewis

You should expect little or nothing from Wall Street stock pickers who hope to be more accurate than the market in predicting the future of prices. And you should not expect much from pundits making long-term forecasts. — Daniel Kahneman

Hint: money flows into most funds after good performance, and goes out when bad performance follows. — John C. Bogle

Before you invest in anything else, exhaust the possibilities of investing in your own business first. — Paul Zane Pilzer

That's not to say there's no such thing as an overvalued market, but there's no point worrying about it. — Peter Lynch

'Statistics' show that 66% of clients are cured with psychotherapy; what statistics don't show is that 72% are cured without it. — Thomas Szasz

The efficient market theory is one of the better models in the sense that it can be taken as true for every purpose I can think of. For investment purposes, there are very few investors that shouldn't behave as if markets are totally efficient. — Eugene Fama

We've got a tax code that is encouraging flight of jobs and outsourcing. And that's why we've specifically recommended ... that Congress change our tax code so that we stop giving tax breaks to companies that are moving to Mexico and China and other places, and start putting those tax breaks into companies that are investing here in the United States. — Barack Obama

Picking the right stocks is one of the hardest parts of investing, and every night on Mad Money, I try to take some of that burden off your shoulders. — Jim Cramer

I've been investing in the stock market for 27 years and, within that time, have helped investors beat the market nearly four to one. — Louis Navellier

Be Willing to Pay the Price If people knew how hard I had to work to gain my mastery, it wouldn't seem wonderful at all. MICHELANGELO Renaissance sculptor and painter who spent 4 years lying on his back painting the ceiling of the Sistine Chapel Behind every great achievement is a story of education, training, practice, discipline, and sacrifice. You have to be willing to pay the price. Maybe that price is pursuing one single activity while putting everything else in your life on hold. Maybe it's investing all of your own personal wealth or savings. Maybe it's the willingness to walk away from the safety of your current situation. But though many things are typically required to reach a successful outcome, the willingness to do what's required adds that extra dimension to the mix that helps you persevere in the face of overwhelming challenges, setbacks, pain, and even personal — Jack Canfield

Value investing is predicated on the efficient market hypothesis being wrong. — Seth Klarman

Money is ultimately never enough compensation for investing one's time and energy. There must be a sense of purpose, meaning, and accomplishment. — Dan Miller

We define a bargain issue as one which, on the basis of facts established by analysis, appears to be worth considerably more that it is selling for. — Benjamin Graham

You have to keep your priorities straight if you plan to do well in stocks. — Peter Lynch

The cardinal rule of taxation is that whatever you put a levy on, you'll inevitably get less of. Taxing corporate activity means less investing, less hiring, fewer jobs and a smaller economy, which hurts the rich, the poor and the middle class alike. — Adam Davidson

The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine. — Warren Buffett

Basically, we try to buy value expressed in the differential between its price and what we think its worth. — Walter Schloss

Most of the mutual fund investments I have are index funds, approximately 75%. — Charles R. Schwab

I don't subscribe much to any of these fancy investing theories, and most people seem surprised to learn that I've never done much investing in anything except Wal-Mart. I believe the folks who've done the best with Wal-Mart stock are those who have studied the company, who have understood our strengths and our management approach, and who, like me, have just decided to invest with us for the long run. We — Sam Walton

Death is a long process," Archer says. "Your body is just the first part of you that croaks." Meaning: Beyond that, your dreams have to die. Then your expectations. And your anger about investing a lifetime in learning shit and loving people and earning money, only to have all that crap come to basically nothing. Really, your physical body dying is the easy part. Beyond that, your memories must die. And your ego. Your pride and shame and ambition and hope, all that Personal Identity Crap can take centuries to expire. — Chuck Palahniuk

The intelligent investor gets interested in big growth stocks not when they are at their most popular - but when something goes wrong. — Benjamin Graham

Volatility in the up direction is not a problem-it's only downward volatility that offers discourse. — Coreen T. Sol

Sometimes buying early on the way down looks like being wrong, but it isn't. — Seth Klarman

Time is your most precious gift because you only have a set amount of it. You can make more money, but you can't make more time. When you give someone your time, you are giving them a portion of your life that you'll never get back. Your time is your life. That is why the greatest gift you can give someone is your time.
It is not enough to just say relationships are important; we must prove it by investing time in them. Words alone are worthless. "My children, our love should not be just words and talk; it must be true love, which shows itself in action." Relationships take time and effort, and the best way to spell love is "T-I-M-E. — Rick Warren

Potential stakeholders usually rely upon governance elements prior to investing their time, talent, and/or money. — Robert E. Davis

If I'd only followed CNBC's advice, I'd have a million dollars today. Provided I'd started with a hundred million dollars. — Jon Stewart

Our budget also reflects key components of our campaign. It's very much focused on stabilizing public services, restoring stability to public services and investing in job creation and economic diversification and, generally speaking, acting as a cushion during this economy, something fundamentally different than what the other parties proposed in the last election. — Rachel Notley

Enjoy your work and have ethical standards. — Walter Schloss

The key is in not spending time, but in investing it. — Stephen Covey

Is management candid with the shareholders? — Warren Buffett

To restore America's competitiveness, we must recruit a new generation of science and technology leaders by investing in diversity. — Barack Obama

Investing in the inner man will profit you more than investing in the outer man. — Matshona Dhliwayo

Ben didn't want to lose money. He had had a rough time during the depression. — Walter Schloss

We have an obligation and a responsibility to be investing in our students and our schools. We must make sure that people who have the grades, the desire and the will, but not the money, can still get the best education possible. — Barack Obama

Index investing outperforms active management year after year. — Jim Rogers

Even people who feel perfectly comfortable investing in the stock market and owning their own homes often have qualms about individual medical accounts or Social Security private accounts. — Jacob Hacker

Our Government is fostering economic growth in Kitchener, Cambridge and all of the Waterloo Region by investing in our innovative businesses. Today's announcement is a great example of how we are helping high-potential companies bring great ideas to market faster. Helping our entrepreneurs and original thinkers export their products and services to the rest of the world creates jobs, growth and economic prosperity here at home. — Gary Goodyear

Investing in foreign aid would also help achieve China's strategic objectives, since aid could become a powerful tool in the expansaion of China's influence. — Wang Yizhou

One, which I mention several times elsewhere, is the need for patience if big profits are to be made from investment. Put another way, it is often easier to tell what will happen to the price of a stock than how much time will elapse before it happens. The other is the inherently deceptive nature of the stock market. Doing what everybody else is doing at the moment, and therefore what you have an almost irresistible urge to do, is often the wrong thing to do at all. — Philip Arthur Fisher

The deeper one delves, the worse things look for actively managed funds. — William J. Bernstein

You want to know a sure way to lose money? Buy what's popular and don't know what you are investing in. — Walt Whitman

Investing is where you find a few great companies and then sit on your ass. — Charlie Munger

The surest way to find an actively managed fund that will have top-quartile returns is to look for a fund that has bottom-quartile expenses. — Burton Malkiel

Warren Buffett has said many times that people either get value investing in five minutes or they won't get it in five years. So, there is something in the human brain, that for some of us, makes all the difference in the world right away and the patience it requires is part of the wiring process. — Mohnish Pabrai

Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes. — John C. Bogle

There is no possibility of failure because you only control your actions and they only influence the probable evolution of your life over stochastic future paths. There is no failure, only feedback. — Arthur De Vany

Mutual fund manager performance does not persist and the return of stock picking is zero. — William J. Bernstein

Individuals and businesses must participate in a national discussion about a simpler tax system, one that collects sufficient revenue to meet appropriate federal responsibilities, but one resting on a broader, fairer tax base without penalizing saving and investing, the backbone of a strong, decentralized and thriving economy. — Mike Crapo

You will never be a greater risk-taker in the markets if you approach life with a completely different attitude. — Henrique M. Simoes

The Present is the womb of the future.
A greater future happiness can be had only by investing in the present correctly.
Look after the present and the future will look after itself. — Chinmayananda Saraswati

Most active mutual funds are more interested in collecting fees than in boosting returns for investors. — David F. Swensen

I have a 41-year track record of investing excellence ... what do you have? — Bill Gross

The world we live in takes a multifaceted approach. To the American taxpayer: We need to be investing in improving people's lives before the terrorists try to take over. — Lindsey Graham

The cost of performing well in bad times can be relative underperformance in good times. — Seth Klarman

Jay Z is building a range of businesses just on the strength of his brand. Lady Gaga has formed really interesting partnerships. Justin Bieber and his manager Scooter Braun are investing in a number of different companies and also promoting them in many ways. — Anita Elberse

It is more important to say "no" to an opportunity, than to say "yes". — Warren Buffett

I find value investing to be a stimulating, intellectually challenging, ever changing, and financially rewarding discipline — Seth Klarman

By investing at a discount, Benjamin Graham knew that he was unlikely to experience losses. — Seth Klarman

By teaching twenty-something year olds responsible debt management practices, we can help them create a balanced lifestyle and find peace of mind through increased financial awareness, smart saving and long-term investing. — Alexa Von Tobel

When you consider the sheer magnitude of investable equities to choose from in the world's emerging markets, you realize that finding one that looks attractive enough to warrant investing your faith and assets in is as formidable a task as finding a needle in a haystack. Fortunately, researching investment opportunities is a lot more interesting than digging for needles in haystacks. — Mark Mobius

First come the innovators, then come the imitators, then come the idiots. — Warren Buffett

Losing some money is an inevitable part of investing, and there's nothing you can do to prevent it. But to be an intelligent investor, you must take responsibility for ensuring that you never lose most or all of your money. — Benjamin Graham

Although there are good and bad companies, there is no such thing as a good stock; there are only good stock prices, which come and go. — Benjamin Graham

By setting up Berkshire Hathaway, Warren has done everything very rationally. — Walter Schloss

Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The two elements interact with each other in a reflexive manner. — George Soros