Quotes & Sayings About The Stock Market

I would not want to form a partnership with an architect who has only a little knowledge of building or a broker who has a limited knowledge of the stock market. Still, we form what we hope to be permanent relationships in love with people who have hardly any knowledge of what love is. — Leo Buscaglia

The stock exchanges have converted from "open outcry" where wild traders face each other, yelling and screaming as in a souk, then go drink together. Traders were replaced by computers, for very small visible benefits and massively large risks. While errors made by traders are confined and distributed, those made by computerized systems go wild - in August 2010, a computer error made the entire market crash (the "flash crash"); in August 2012, as this manuscript was heading to the printer, the Knight Capital Group had its computer system go wild and cause $10 million dollars of losses a minute, losing $480 million. — Nassim Nicholas Taleb

If you can't sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level. — Jesse Lauriston Livermore

In order to understand the stock market we have to realize that, like anything enormous and inert, it's fundamentally stable, and, like anything emotion-driven, it's volatile as hell. Got that? Me neither. — Mickey Rourke

Never invest emergency savings in the stock market. — Suze Orman

The stock market's handling of new technology is kind of a joke. We have seen CNBC, CNNfn, Bloomberg, and the like turn into home-shopping networks for stocks. Fund managers and analysts go on TV and sell what's shiny and easy to sell. — Mark Cuban

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

A hyperactive stock market is the pickpocket of enterprise. — Warren Buffett

Technology investment drove growth in the 1990s, both directly and by fueling a rising stock market that led to increased consumer spending. — Alex Berenson

Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory fees and substantial portfolio turnover tend to reduce investment yields. Many people will find the guarantee of playing the stock-market game at par every round a very attractive one. The index fund is a sensible, serviceable method for obtaining the market's rate of return with absolutely no effort and minimal expense. — Burton Malkiel

Unfortunately, our stock is somehow not well understood by the markets. The market compares us with generic companies. We need to look at Biocon as a bellwether stock. A stock that is differentiated, a stock that is focused on R&D, and a very, very strong balance sheet with huge value drivers at the end of it. — Kiran Mazumdar-Shaw

The world clings to its old mental picture of the stock market because it's comforting; because it's so hard to draw a picture of what has replaced it; and because the few people able to draw it for you have no interest in doing so. — Michael Lewis

The stock market has spoiled more appetites than bad cooking. — Will Rogers

The whole secret to winning big in the stock market is not to be right all the time, but to lose the least amount possible when you're wrong. — William J. O'Neil

The U.S. stock market now trades inside black boxes, in heavily guarded buildings in New Jersey and Chicago. — Michael Lewis

Anyone will be glad to admit that he knows nothing about beagling, or the Chinese stock market, or ballistics, but there is not a man or woman alive who does not claim to know how to cure hiccoughs. — Robert Benchley

Predictions are predictions. If you could predict the stock market, you would be super rich. But I have to race the race. It doesn't matter what I've done over the last few years. I have to race at the Olympics. — Mark De Jonge

So the stock market could have a negative wealth effect and weigh on capital spending, but a sharp decline in long-term interest rates would be an important counterweight. — Joseph Barbera

First, you find the "market capitalization" ("market cap" for short) by multiplying the number of shares outstanding (let's say 100 million) by the current stock price (let's say $100 a share). One hundred million times $100 equals $10 billion. — Peter Lynch

The most important organ in the body as far as the stock market is concerned is the guts, not the head. Anyone can acquire the know-how for analyzing stocks. — Peter Lynch

I'm not good at math. Numbers are a terrifying thing to me. My father is a whiz with money and the stock market, and he tries to explain it to me, and I find it terrifying. — Chris Gethard

No government in the Middle East is innocent. Wars make the stock market go up, so no one in America is innocent either, nor anyone anywhere where capitalism reigns. — Roseanne Barr

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years. — Warren Buffett

Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a quotation for your business interest (stock) should always be an asset to be utilized if desired. If it gets silly enough in either direction, you take advantage of it. Its availability should never be turned into a livability whereby its periodic aberrations in turn formulate your judgements. — Warren Buffett

So, regarding the time frame, I'm only too willing to admit that my crystal ball, like everybody else's, is cracked. If I could predict precisely, I would have started predicting the stock market and would now be living with a bunch of young women on Bora Bora, having bought it. — Paul R. Ehrlich

The most important ingredient for success in the stock market is a sharp sense of timing. — Venita VanCaspel

Dark pools were another rogue spawn of the new financial marketplace. Private stock exchanges, run by the big brokers, they were not required to reveal to the public what happened inside them. They reported any trade they executed, but they did so with sufficient delay that it was impossible to know exactly what was happening in the broader market at the moment the trade occurred. — Michael Lewis

Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the danger of a loss of quality and earnings power through economic changes or deterioration in management. — Benjamin Graham

The United States have developed a new weapon that destroys people but it leaves buildings standing. It's called the stock market. — Jay Leno

I can lose three million dollars because it's just paper. Thus, my lifestyle is not dependent up the stock market. — Robert Kiyosaki

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

The stock market is never obvious. It is designed to fool most of the people, most of the time. — Jesse Lauriston Livermore

After 1929, so many people had been traumatized by the stock market crash that there was a lost generation. — Ron Chernow

By the middle of 2011, roughly 30 percent of all stock market trades occurred off the public exchanges, most of them in dark pools. The appeal of these dark pools - said the Wall Street banks - was that investors could expose their big stock market orders without fear that those orders would be exploited. — Michael Lewis

When the stock market crashed, Franklin Roosevelt got on the television and didn't just talk about the princes of greed. He said, 'Look, here's what happened. — Joe Biden

A big Wall Street bank's biggest advantage was its access to vast amounts of cheap risk capital and, with that, its ability to survive the ups and downs of a risky business. That meant little when the business wasn't risky and didn't require much capital. High-frequency traders went home every night with no position in the stock market. They traded in the market the way card counters in a casino played blackjack: They played only — Michael Lewis

Speculators are obsessed with predicting: guessing the direction of stock prices. Every morning on cable television, every afternoon on the stock market report, every weekend in Barron's, every week in dozens of market newsletters, and whenever business people get together. In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a purely speculative undertaking. — Seth Klarman

In the economy we guarantee all market players the same conditions, and the private sector plays an increasingly important role. We are in the process of dissolving thousands of state-owned companies and converting them into stock corporations. We even plan to accelerate this development. In contrast, it is the party's responsibility to improve the lives of the people, and this is where our citizens have great confidence in us. Party members who commit crimes are severely punished. — Nguyen Minh Triet

At any moment, one company stands in the spotlight of the middle ring in the stock market's never-ending circus. It may not be the biggest corporation in the world, or the most profitable, but somehow it both mirrors and leads the market's broader action. — Alex Berenson

Whatever money you may need for the next five years, please take it out of the stock market right now, this week. — Jim Cramer

The model I like to sort of simplify the notion of what goes on in a market for common stocks is the pari-mutuel system at the racetrack. If you stop to think about it, a pari-mutuel system is a market. Everybody goes there and bets and the odds change based on what's bet. That's what happens in the stock market. — Charlie Munger

In almost every walk of life, people buy more at lower prices; in the stock market they seem to buy more at higher prices. — James Grant

Stop trying to predict the direction of the stock market, the economy or elections. — Warren Buffett

The end of the decline of the Stock Market will probably not be long, only a few more days at most. — Irving Fisher

The Japanese experience, when a conscious effort by the central bank to prick an asset bubble ended up triggering an 80 per cent stock market sell-off and a decade of economic stagnation. — Niall Ferguson

Everybody is telling me Donald Trump is going to destroy the stock market if he's elected. — Rush Limbaugh

The generic concept of capital without which economists cannot do their work has no measurable counterpart among material objects; it reflects the entrepreneurial appraisal of such objects. Beer barrels and blast furnaces, harbour installations and hotel-room furniture are capital not by virtue of their physical properties but by virtue of their economic functions. Something is capital because the market, the consensus of entrepreneurial minds, regards it as capable of yielding an income. This does not mean that the phenomena of capital cannot be comprehended by clear and unambiguous concepts. The stock of capital used by society does not present a picture of chaos. Its arrangement is not arbitrary. There is some order in it. — Ludwig Lachmann

Since when was the stock market an accurate barometer of anything? — Arthur Hailey

The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient. — Warren Buffett

We have been conditioned since birth with the belief that satisfaction of these inner needs comes through our interaction with the world. We seek inner fulfillment through what we have or what we do, through the experiences the world provides, and through the ways others behave toward us. This is the meme that governs so much of our thinking and behavior: the meme that says whether or not we are content with life depends on what we have and what we do. Prevalent as this meme may be, it seldom provides any lasting satisfaction. A person may gather a great deal of wealth, but is he really more secure? More than likely, he will soon find new sources of insecurity. Are my investments safe? Will the stock market crash? Can I trust my friends? Should I employ "security" companies to protect my possessions? — Peter Russell

The studio system reminds me of the stock market. — Bill Forsyth

Would we as a nation be better off dealing with the truth rather than believing fantasies that prop up the Status Quo and the Fed's dearly beloved measure of the economy, the stock market? How often does accepting illusion help us navigate real life? Short answer: never. — Charles Hugh Smith

Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year. — Daniel Kahneman

In order to win as a contrarian, you need perfect timing and the perfect size. — Henrique M. Simoes

The stock market is a financial redistribution system. It takes money away from those who have no patience and gives it to those who have." - Warren Buffet — John F. Demartini

Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the market - jump from one stock to another, hold a losing position too long, and cut out of a winner too soon, for no reason other than fear of losing profit. Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralised, depressed, despondent, and abandon the market and the chance to make a fortune from what the market has to offer. — Jesse Lauriston Livermore

The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt ... The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor. — Michael Hudson

Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity. — Ray Dalio

In the stock market the more elaborate and abstruse the mathematics the more uncertain and speculative the conclusion we draw therefrom ... . — Michael Lewis

Treatment of the apparently whimsical fluctuations of the stock quotations as truly non stationary processes requires a model of such complexity that its practical value is likely to be limited. An additional complication, not encompassed by most stock market models, arises from the manifestation of the market as a nonzero sum game. — Richard Arnold Epstein

Whenever you have the kind of market that is taking shape now - a wildly volatile one with big pricing discrepancies - it plays right into the hands of managers who are very focused on research and stock picking. — James Russell Lowell

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

The guy that just arranges things so that the stock market holds up is nobody in my - in my estimation. — James Stockdale

The stock market can be down, but the stock market is not an indication of where people's spirits and enthusiam are, and where their intellectual energy is. — James Daly

I used to go to Vegas and play the horses, and then I realised how ridiculous that was. There is no winning in gambling, but there is on the stock market. — Josh Brolin

The stock market is people. — Bernard Baruch

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

In essence, the stock market represents three separate categories of business. They are, adjusted for inflation, those with shrinking intrinsic value, those with approximately stable intrinsic value, and those with steadily growing intrinsic value. The preference, always, would be to buy a long-term franchise at a substantial discount from growing intrinsic value. — Michael Burry

The stock market and economy are two different things. — Milton Friedman

The computers were index-linked to the Galactic stock-market prices, you see, so that we'd all be revived when everybody else had rebuilt the economy enough to afford our rather expensive services. — Douglas Adams

Kelly was aware that there is one type of favorable bet available to everyone; the stock market. — William Poundstone

I was very much a product of the public-school system. There was only one other kid in my class who had parents not involved in the stock market or law. — Daniel Radcliffe

Ignore the stock market, ignore the economy, and buy a business you understand. — Warren Buffett

The chief function of stock-market forecasters is to make astrologers look respectable. — Jane Bryant Quinn

The firm is really ahead of the times. It has a stock market ticker that prints its report on thin aspirins. — Bob Hope

The stock market is like a small row boat on a rough sea, bouncing around as it drifts, whereas the macro economy is like a large ocean liner, very ponderous and difficult to maneuver but without such a rough journey. — Clive Granger

They [Chinese] have very smart, experienced people. I don't want to paint them all with the same brush. There was a little bit of a feeling that the stock market, which went from something like $4 trillion in valuation to $10 trillion, that the Chinese wanted that. — Jamie Dimon

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

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

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets. — Peter Lynch

Take Charge Of Your Financial Future. I believe investing small amounts each month in the stock market will give you financial freedom in the later years of your life. — Bo Sanchez

There's something we calculate called an alpha, and that's the stock's return that's independent, uncorrelated to the market. And the only way you really get a high alpha is for something to zig when the market zags. — Louis Navellier

You know how on the evening news they always tell you that the stock market is up in active trading, or off in moderate trading, or trading in mixed activity, or whatever. Well, who gives a — Dave Barry

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem. — Ben Bernanke

Before Volcker's speech, bonds had been conservative investments, into which investors put their savings when they didn't fancy a gamble in the stock market. After Volcker's speech, bonds became objects of speculation, a means of creating wealth rather than merely storing it. — Michael Lewis

The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers. — Ben Bernanke

One thing I want to emphasize is that, like any human being, we can discuss our view of the economy and the market. Fortunately for our clients, we don't tend to operate based on the view. Our investment strategy is to invest bottom up, one stock at a time, based on price compared to value. And while we may have a macro view that things aren't very good right now - which in fact we feel very strongly we will put money to work regardless of that macro view if we find bargains. So tomorrow, if we found half a dozen bargains, we would invest all our cash. — Seth Klarman

You have to distinguish between two things - the Swedish economy and the Swedish stock market. The Swedish economy is the sum of all the goods and services that are produced in this country every day. There are telephones from Ericsson, cars from Volvo, chickens from Scan, and shipments from Kiruna to Skovde. That's the Swedish economy, and it's just as strong or weak today as it was a week ago ...
The Stock Exchange is something very different. There is no economy and no production of goods and services. There are only fantasies in which people from one hour to the next decide that this or that company is worth so many billions, more or less. It doesn't have a thing to do with the Swedish economy. — Stieg Larsson

A weakness of the random-walk model lies in its assumption of instantaneous adjustment, whereas the information impelling a stock market toward its "intrinsic value" gradually becomes disseminated throughout the market place. — Richard Arnold Epstein

Index funds eliminate the risks of individual stocks, market sectors, and manager selection. Only stock market risk remains. — John C. Bogle

Be greedy when others are fearful and fearful when others are greedy.' Easier said than done for the vast majority of stock traders ... On every stock trade there is someone who wants to sell and someone who wants to buy, at least at a particular price ... the person who is selling thinks that she is getting out just in time while the person buying thinks that he is about to make good money.
... The truth is that the market doesn't really reflect some magical perfect valuation of a stock under the efficient market hypothesis. It reflects the mass consensus of how actual individual investors value the stock. It is the sum total of everyone's hopes and fears ... — M.E. Thomas

With the possible exception of things like box scores, race results, and stock market tabulations, there is no such thing as Objective Journalism. The phrase itself is a pompous contradiction in terms. — Hunter S. Thompson

My favourite fellow of the Royal Society is the Reverend Thomas Bayes, an obscure 18th-century Kent clergyman and a brilliant mathematician who devised a complex equation known as the Bayes theorem, which can be used to work out probability distributions. It had no practical application in his lifetime, but today, thanks to computers, is routinely used in the modelling of climate change, astrophysics and stock-market analysis. — Bill Bryson

Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market. — Ron Chernow

There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. — Jesse Lauriston Livermore

The stock market has an insidious effect on C.E.O.s' moods, because of its impact not just on their companies but on their own bank accounts. — James Surowiecki

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

Team, it turned out that Michael Dell wasn't perfect at predicting the future. Based on today's stock market close, Apple is worth more than Dell. Stocks go up and down and things may be different tomorrow but I thought it was worth a moment of reflection today. — Steve Jobs

If everyone on Wall Street abided by the rule's spirit, the rule would have established a new fairness in the U.S. stock market. — Michael Lewis

There are several things that can create an alpha - stock buybacks are one. High dividend yields are another, especially nowadays because the stock market yields more than the banks and the tenure treasury. But by and large, it tends to be companies with a strong cash flow, rising sales, accelerated earnings, a profit margin expansion. — Louis Navellier