Investor Quotes & Sayings

The investor has a right to expect good results to flow from a consistent and courageous application of the principle of buying after the market has declined substantially and selling after it has had a spectacular rise. But he cannot expect to reduce this principle to a simple and foolproof formula, with profits guaranteed and no anxious periods. — Benjamin Graham

According to a recent report drafted by thirty-nine physicians from the Physicians for a National Health Program (PNHP) and endorsed by some 2,500 medical doctors, a movement to "a single payer system would trim administration, reduce incentives to over-treat, lower drug prices, minimize wasteful investments in redundant facilities, and eliminate almost all marketing and investor profits. These measures would yield the substantial savings needed to fund universal care and new investments in currently under-funded services and public health activities - without any net increase in national health spending." In — Bernie Sanders

I was an investor doing well and decided to be an entrepreneur. — Lynn Jurich

If you are a true investor, it does not matter if the markets are going up or coming down. A true investor does well in any market condition. — Robert T. Kiyosaki

Trends consist of three specific phases. Every trend moves through three phases. The accumulation phase is the period when investors with exceptional information actively buy (in a bullish trend) or sell (in a bearish trend). The public participation phase occurs when, due to price movement caused by activity in the accumulation phase, the general public joins in the trend. Finally, the distribution phase occurs when speculators enter the market and over-buy or over-sell, and at this point the observant investor begins to transact in the opposite direction. — Thomsett, Michael

A rentier is an investor whose relationship to a company or enterprise is strictly limited to the ownership of financial wealth (such as stocks or bonds) and the receipt of income on that wealth (such as dividends or interest). The financial system performs dismally at its advertised task, that of efficiently directing society's savings towards their optimal investment pursuits. The system is stupefyingly expensive, gives terrible signals for the allocation of capital, and has surprisingly little to do with real investment. — Doug Henwood

The investor should be aware that even though safety of its principal and interest may be unquestioned, a long term bond could vary widely in market price in response to changes in interest rates. — Benjamin Graham

After apparently being assured that Kalanick would hold the information in confidence, Halpern shared with Kalanick more detailed information, including the above slide. By 2008, after Halpern had shared even more information about the company with him, Halpern claims that Kalanick took the information to an investor meeting in Hawaii — Anonymous

An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace. — Warren Buffett

My advice to the average investor in 1988 is to be patient and think long-term. It will take 18 months for confidence to get better and, in the meantime, this is absolutely no place for short-term money. — Louis Navellier

'Crowd folly', the tendency of humans, under some circumstances, to resemble lemmings, explains much foolish thinking of brilliant men and much foolish behavior - like investment management practices of many foundations represented here today. It is sad that today each institutional investor apparently fears most of all that its investment practices will be different from practices of the rest of the crowd. — Charlie Munger

Whether you're writing television or movies, at some point you're going to encounter a male executive or investor who's going to say, 'I don't like that woman. She's unlikable.' And often, it's literally for being a regular human woman as opposed to an attracting human woman. — Jill Soloway

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow. — Warren Buffett

While it might seem that anyone can be a value investor, the essential characteristics of this type of investor-patience, discipline, and risk aversion-may well be genetically determined. — Seth Klarman

annually. It will tell the investor how to use the data — Kenneth Eade

There's a tendency for those unfamiliar with cooperatives to look down on them as the leftovers of the mainstream economy, implying that if these ideologically driven people simply reorganized themselves into "normal" private companies, they would be more efficient and productive. In fact, just the opposite is true: Cooperatives often enter into economic activities that private businesses will not take on. The most fertile period of cooperative growth was during the Great Depression. Rural electric cooperatives spread across the American plains when it became clear that other investor-owned and municipally owned utilities were uninterested in wiring up sparsely populated regions. Credit unions, as we'll soon explore, have seen an upsurge during the recent financial crisis. — Michael Shuman

NiOptics also was an example of something Doriot had tried to teach me back at Harvard, and it is a lesson I have learned more than once. In venture capital investing, Doriot said, it is important to understand who will buy the technology you're trying to sell. It is easy to fall in love with technology and lose sight of the fact that someone at some point will have to pay for it. An investor can lose a lot of money that way, and we have not been immune to such temptations. — Robert Finkel

On the economy, the U.S. cumulatively is our most important investor, most important trading partner, most important sort of tourists, and we have now a tie that will ... a link that will be here for many, many years to come, and that is the big Philippine-American community in the United States - three million of them. — Gloria Macapagal-Arroyo

The spectacle of modern investment markets has sometimes moved me towards the conclusion that to make the purchase of an investment permanent and indissoluble, like marriage, except by reason of death or other grave cause, might be a useful remedy for our contemporary evils. For this would force the investor to direct his mind to the long-term prospects and to those only. — John Maynard Keynes

The key to investment success is emotional discipline. Making money has nothing to do with intelligence. To be a successful investor, you have to be able to admit mistakes. I trained a guy to trade who had a 188 IQ. He was on "Jeopardy" once and answered every question correctly. That same person never made a dime in trading during 5 years! — Victor Sperandeo

An entrepreneur must pitch a potential investor for what the company is worth as well as sell the dream on how much of a profit can be made. — Daymond John

I like putting my money into things like food and shelter. I'm probably a bad example of an investor. — Simon Baker

My father will sit down and give you theories to explain why he does this or that," the son of the billionaire investor George Soros has said. "But I remember seeing it as a kid, and thinking, At least half of this is bull. I mean, you know the reason he changes his position on the market or whatever is because his back starts killing him. He literally goes into a spasm, and it's this early warning sign. — Malcolm Gladwell

The average investor does significantly worse than a simple index ... It's literally because of the way our brains are wired. — James O'Shaughnessy

No trader or investor wanted to poke around suburbs to find out whether the homeowner to whom he had just lent money was creditworthy. For the home mortgage to become a bond it had to be depersonalised. At — Michael Lewis

Just as a fisherman must watch the ebb and flow of the tides, an investor and businessperson must be keenly aware of the subtle shifts in cash flow. — Robert Kiyosaki

If General Motors is worth $60 a share to an investor it must be because the full common-stock ownership of this gigantic enterprise as a whole is worth 43 million (shares) times $60, or no less than $2,600 million. — Benjamin Graham

It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow. — Ray Dalio

Anyone with a pension or retirement is an investor in the stock market. — Brad Katsuyama

Ever since the 2008 global financial crisis, central banks had ventured, not by choice but by necessity, ever deeper into the unfamiliar and tricky terrain of "unconventional monetary policies." They floored interest rates, heavily intervened in the functioning of markets, and pursued large-scale programs that outcompeted one another in purchasing securities in the marketplace; to top it all off, they aggressively sought to manipulate investor expectations and portfolio decisions. — Mohamed A El-Erian

Even after I had just done Twilight, which made $400 million at the worldwide box office, I could not get financing for three or four projects that I really loved and I thought people would love because they didn't fit some studio or investor's model of thinking, "This will definitely make money." It's a business and a film does potentially cost millions of dollars, and they have to think that they're going to get their money back somehow. — Catherine Hardwicke

A value strategy is of little use to the impatient investor since it usually takes time to pay off. — Seth Klarman

If you're going to be an investor, you're going to make some investments where you don't have all the experience you need. But if you keep trying to get a little better over time, you'll start to make investments that are virtually certain to have a good outcome. The keys are discipline, hard work, and practice. It's like playing golf - you have to work on it. — Charlie Munger

What an investor needs is the ability to correctly evaluate selected businesses. Note that word "selected": You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital. — Warren Buffett

When times are rough and people predict the end of the world, remember that short-term uncertainty provides to the keen investor many long-term opportunities — Amir Avitzur

After the meeting, Guay met with Verville for a debriefing. Guay reports that Verville said that all investors would have to roll to avoid a market collapse. Guay told Verville that on Monday, at the first chance to roll its maturing paper, the Caisse should not be the only investor rolling in a particular trust. If that happened, it would end up in a worse position than not rolling at all. — Paul Halpern

A wise man once asked to his mentor, "What advice would you give the average investor?" his reply was, "DON'T BE AVERAGE. — Celeste Young

As an investor, what we're not looking for is 'oh this is a cool app,' it's 'is this something that can become a big business?' You need to find those that can become real businesses. — Niklas Zennstrom

It is not enough for [the investor] to know all the factors that can possibly contribute to the determination of a future event. In order to anticipate correctly they must also anticipate correctly the quantity as it were of each factor's contribution and the instant at which its contribution will become effective. — Ludwig Von Mises

Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a damning sign of something basically wrong with the existing management - no matter how good the surface signs may have been as indicated by the most recent earnings statement. — Philip Arthur Fisher

Rather than be fearful and sell out at the worst time or get greedy when the market is way up, investors should control their emotions and not only avoid panic, but embrace the market volatility for what it is: an opportunity and a gift. Suffocate the instincts that want to make you a bad investor and rather embrace the chaos that normally causes them to rise to the surface. — Peter Mallouk

When you first meet an investor, you've got to be able to say in one compelling sentence - that you should practice like crazy - what your product does, so that the investor that you are talking to can immediately picture the product in their own mind. — Ron Conway

I am not criticizing investing in the stock market; I am an investor. — Grace Napolitano

All an investor can do is follow a consistently disciplined and rigorous approach; over time the returns will come — Seth Klarman

What the carburetor, sparkplug and self-starter are to an automobile, initiative, private enterprise and executive ability are to industry as a whole, including the wage earner, wage payer, wage spender and wage saver, i.e., the investor. If the sparkplug and self-starter get out of commission, the car will come to a standstill. — William J.H. Boetcker

Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor. — Peter Lynch

The government's desire to expand global trade may be understandable, but we mustn't give away too much. We must tell our elected representatives to at least delay the Canada-China FIPA until it has been examined more thoroughly, and to reconsider the inclusion of investor-state arbitration mechanisms in all trade deals. — David Suzuki

One of the most important things a real investor needs to say is this; I want my money back and I also want to keep my investments. — Robert Kiyosaki

Most investors say "Don't take risks." The rich investor takes risks. — Robert Kiyosaki

LAURENE POWELL. Savvy and good-humored Penn graduate, went to Goldman Sachs and then Stanford Business School, married Steve Jobs in 1991. GEORGE RILEY. Jobs's Memphis-born friend and lawyer. ARTHUR ROCK. Legendary tech investor, early Apple board member, Jobs's father figure. JONATHAN "RUBY" RUBINSTEIN. Worked — Walter Isaacson

If your investments are limited to this earth, you are the world's worst investor. — John Hagee

She reverse engineered a startup based on market conditions, industry trends, and nascent investor fads. — Douglas Rushkoff

In order to be a really good investor, you need to be a little bit of a philosopher as well. — Daniel S. Loeb

I had just been doing graffiti around New York and this real estate investor guy had walked through meat packing in New York and saw some of my graffiti. He was impressed and asked if I sold canvases. I really had not made any canvases of my graffiti work yet, but told him I could make one for him. He then commissioned me to make ten paintings and put on my first art show. Between the sold out show and the cops chasing after me it created a lot of media and I've been doing really well since then. — Alec Monopoly

The moment a large investor doesn't believe a government will pay back its debt when it says it will, a crisis of confidence could develop. Investors have scant patience for the years of good governance - politically fraught fiscal restructuring, austerity and debt rescheduling - it takes to defuse a sovereign-debt crisis. — Andrew Ross Sorkin

We can extrapolate from the study that for the long term individual investor who maintains a consistent asset allocation and leans toward index funds, asset allocation determines about 100% of performance. — Roger G. Ibbotson

The market gives you the opportunity to arbitrage what the emotional investor will pay or sell at versus the fundamental value of a company, but you've got to pull the trigger promptly without hesitating. We've disciplined ourselves mentally and prepared ourselves in terms of information, as well as relationships with brokers, to do that. — Richard Chandler

Every August, I go away for four weeks to a place in Michigan. I work in the mornings, spend the month in shorts and flip-flops. It gives me time to think like an investor and come back in September for some heavy planning. — Joe Mansueto

As every entrepreneur and investor sifts through year-end data to predict the next trend or opportunity for financial success, there is a much easier way to accurately predict the future: hang out with those who are creating it. — Jay Samit

When I was planning LearnVest, everyone told me I had to talk to Ann Kaplan, one of the first female partners at Goldman Sachs. Within five minutes of our meeting, she totally got the idea - and by the time I left, she was a seed investor. — Alexa Von Tobel

The late 90s almost forced me to identify myself as a value investor, because I thought what everybody else was doing was insane. — Michael Burry

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

It's not unusual for a would-be entrepreneur to get turned down half a dozen times before finding a willing investor - yet in most companies, it takes only one 'nyet' to kill a project stone dead. — Gary Hamel

The historical data support one conclusion with unusual force: To invest with success, you must be a long-term investor. — John C. Bogle

When I stand on my special-issue "Intelligent Investor" ladder and peer out over the frenzied crowd, I see very few others doing the same. Many stocks remain overvalued, and speculative excess - both on the upside and on the downside - is embedded in the frenzy around stocks of all stripes. And yes, I am talking about March 2001, not March 2000. — Michael Burry

The ability to change one's mind is probably a key characteristic of the successful investor. Dogmatic and rigid personalities rarely, if ever, succeed in the markets. The markets are a dynamic process, and sustained investment success requires the ability to modify and even change strategies as markets evolve. — Jack D. Schwager

The art of investment has one characteristic that is not generally appreciated. A creditable, if unspectacular, result can be achieved by the lay investor with a minimum of effort and capability; but to improve this easily attainable standard requires much application and more than a trace of wisdom. If you merely try to bring just a little extra knowledge and cleverness to bear upon your investment program, instead of realizing a little better than normal results, you may well find that you have done worse. — Benjamin Graham

There are two kinds of investors, be they large or small: those who don't know where the market is headed and those who don't know what they don't know. Then again, there is a third type of investor: the investment professional, who indeed knows he doesn't know, but whose livelihood depends upon appearing to know. — William J. Bernstein

As an investor my job is to figure out what will happen rather than what should happen. — David Einhorn

Suppose you were a real estate investor with a 1/3 interest in the best apartment complex in town, the best mall, and the best office building. Would you feel like a poor, undiversified investor? No! But as soon as you get into stocks, people feel this way. Partly, people need to justify their fees. — Charlie Munger

Valuation depends on several factors. From an investor angle, they look at leadership position, management, and what the company's offerings are. I think these three things got 5/5 for a company like Flipkart, and that is what is driving valuations and growth. — Sachin Bansal

A price decline is of no real importance to the bona fide investor unless it is either very substantial say, more than a third from cost or unless it reflects a known deterioration of consequence in the company's position. In a well-defined bear market many sound common stocks sell temporarily at extraordinary low prices. It is possible that the investor may then have a paper loss of fully 50 per cent on some of his holdings, without any convincing indication that the underlying values have been permanently affected. — Benjamin Graham

A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon. The needs of that long-term investor differ markedly from someone who is retiring in three years. — Barry Ritholtz

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

What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that there's inflation and growth. It can go higher and lower and to have four different portfolios essentially that make up your entire portfolio that gets you balanced. — Ray Dalio

As an investor in small companies, I don't care how rich Microsoft is. I care about what my opportunities are. — Esther Dyson

In our view, though, investment students need only two well-taught courses-How to Value a Business, and How to Think about Market Prices. Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business who's earnings are virtually certain to be materially higher five, ten and twenty years from now. — Warren Buffett

Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands. By having confidence in their own analysis and judgement, they respond to market forces not with blind emotion but with calculated reason. Successful investors, for example, demonstrate caution in frothy markets and steadfast conviction in panicky ones. Indeed, the very way an investor views the market and it's price fluctuations is a key factor in his or her ultimate investment success or failure. — Seth Klarman

If the investor is uneducated, anything he or she invests in will be risky. So it's not the investment that is risky. It's the investor. — Robert Kiyosaki

Your investor's edge is not something you get from Wall Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand. — Peter Lynch

I love what the Valley does. I love company building. I love startups. I love technology companies. I love new technology. I love this process of invention. Being able to participate in that as a founder and a product creator, or as an investor or a board member, I just find that hugely satisfying. — Marc Andreessen

Utilities used deregulation to effect a series of mergers limiting competition. In order to accelerate profits, cost cutting ensued, involving the layoff of thousands of utility company employees, including some who were responsible for maintenance of generation, transmission, and distribution systems. A number of investor-owned utilities stopped investing in the maintenance and repair of their own equipment, and, instead, cut costs to enhance the value of their stock rather than spending money to enhance the value of their service. — Dennis Kucinich

A True Investor Never Give-up Investing — Jonathan Feldman

Traditionally the investor has been the man with patience and the courage of his convictions who would buy when the harried or disheartened speculator was selling. — Benjamin Graham

Some 8,000 nonviolent Occupy protesters were arrested across the nation. Not one banker or investor went to jail for causing the 2008 financial meltdown. The disparity of justice mirrored the disparity in incomes and the disparity in power. — Chris Hedges

Fraud will always exist. Enforcement of anti-fraud laws is a useful deterrent, but in the end there's no substitute for investor vigilance. Government regulations provide a false sense of security - and that's worth less than no sense of security at all. — John Stossel

Change is the investor's only certainty. — Thomas Rowe Price Jr.

The normal expectancy of the average investor - for example, the pension funds of AT&T or IBM - is 6% for a long time. — Charlie Munger

As an investor I cannot tell that. We cannot predict the success or failure. — Ron Conway

The worst way to release bad news is to bury it in the financial statement footnotes, in the hope that no one will see it. A diligent investor or analyst always reads the footnotes, and will not appreciate having to dig so deep to uncover potentially critical information. — Steven M. Bragg

The determining trait of the enterprising (or active, or aggressive) investor is his willingness to devote time and care to the selection of securities that are both sound and more attractive than the average. — Benjamin Graham

A decade ago, I really did believe that the average investor could do it himself. I was wrong. I've come to the sad conclusion that only a tiny minority, at most one percent, are capable of pulling it off. Heck, if Helen Young Hayes, Robert Sanborn, Julian Robertson, and the nation's largest pension funds can't get it right, what chance does John Q. Investor have? — William J. Bernstein

It is only by understanding the emotion of others that an investor has a chance to produce superior results. — John Templeton

I am truly an angel investor and I'am not a passive investor.As a passive investor, I am awful because I can not put funding into a company and leave it to other people. — Terry Matthews

If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best? — Warren Buffett

The ability to say no is a tremendous advantage for an investor. — Warren Buffett

Figure 28: The intelligent investor: strategy, process requirements and attitude — Frederik Vanhaverbeke

I'd been a great angel investor, but professional venture capital was clearly not the right thing for me. — Mitch Kapor

Independent thinking is not just helpful in becoming a successful investor, it's required. — Whitney Tilson

The investor's chief problem - and even his worst enemy - is likely to be himself. — Benjamin Graham