Investing “If I’ve made one mistake in the course of managing investments it was selling really good companies too soon.” – Lou Simpson
Investing “The intelligent investor is a realist who sells to optimists and buys from pessimists.” – Benjamin Graham
Investing “Dost thou love life? Then do not squander time, for that is the stuff life is made of.” – Benjamin Franklin
Investing “Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep by him in reserve.” – Ancient Talmud
Investing “Which is worse, buying at the top or selling at the bottom? For me the answer is easy: the latter. If you buy at what turns out to have been a market top, you’ll suffer a downward fluctuation. But that isn’t cause for concern if the long-term thesis remains intact. And anyway, the enxt top is usually higher than the last top, meaning you’re likely to be ahead eventually. But if you sell at a market bottom, you render the downward fluctuation permanent, and, even more importantly, you get off the escalator of a rising economy and rising markets that has made so many long-term investors rich. This is why I describe selling at the bottom as the cardinal sin in investing.” – Howard Marks
Investing “A very important principle in investing is you don’t have to make it back the way you lost it. And in fact, it’s usually a mistake to try and make it back the way that you lost it.” – Warren Buffett
Investing “Its not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros
Investing “We’ve long felt that the only value of stock forecasters is to make fortune tellers look good.” – Warren Buffett
Investing “The decision to hold cash as an asset is as much much an investment decision has as buying a stock” – Dan White
Investing “Know when to sell. Ideally, the time to sell is…almost never. But there’re 3 instances where we might need to sell: 1) our analysis is wrong 2) prospects of business have deteriorated 3) There’s a better opportunity” – Thomas Chua (Twiiter post)
Investing “Bear Market: An episode during which common stocks are returned to their rightful owners.” – Traditional Wall Street definition
Investing “The presence or absence of intrinsic productive capacity that lends itself to rational valuation seems to me the dividing line between investment and speculation” – Nick Murray
Investing “Financial success is not a hard science. It’s a soft skill, where how you behave is more important than what you know” – Morgan Housel
Investing “The four most dangerous words in investing are: ‘this time it’s different.'” – Sir John Templeton
Investing “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.” – Warren Buffet
Investing “The stock market is the only market where things go on sale and all the customers run out of the store…” – Cullen Roche
Investing “Time is the coin of your life. It is the only coin you have, and only you can determine how it will be spent. Be careful lest you let other people spend it for you.” – Carl Sandburg