Investing “Throughout all my years of investing, I’ve found that the big money was never made in the buying or selling, the big money was made in the waiting.” -Jessie Livermore
Investing “Sometimes it is best to simply say “I don’t know exactly what is going to happen, but I think X strategy has a high probability of working. I’m going to put skin-in-the-game and allocate capital according to X strategy. If I see data points Y and Z change, then I will re-evaluate my perspective.” – Pomp
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 “To repeat, while such an index-driven strategy may not be the best investment strategy ever devised, the number of investment strategies that are worse is infinite.”-John Bogle
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 “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 “The four most dangerous words in investing are: ‘this time it’s different.'” – Sir John Templeton
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 “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 “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.” – Warren Buffet
Investing “One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do.” – Jim Rogers
Investing “I can calculate the motion of heavenly bodies, but not the madness of people.” – Isaac Newton
Investing “Advisors can create the best portfolios in the world, but they won’t really matter if the clients don’t stay in them.” – Harry Markowitz
Investing “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” – Robert G. Allen
