Quotable Quotes

“Dost thou love life? Then do not squander time, for that is the stuff life is made of.” – Benjamin Franklin

“If I’ve made one mistake in the course of managing investments it was selling really good companies too soon.” – Lou Simpson

“The decision to hold cash as an asset is as much much an investment decision has as buying a stock” – Dan White

“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” – Robert G. Allen

“Diversification is for those who lack conviction” – Cameron Winklevoss

“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

“Skeptics sound smart. Optimists make money” – Nat Friedman

“Bear Market: An episode during which common stocks are returned to their rightful owners.” – Traditional Wall Street definition

“Diversification is the one free lunch of investing, and when you see a free lunch, the only rational thing to do is eat.” -Cliff Asness

“We’ve long felt that the only value of stock forecasters is to make fortune tellers look good.” – Warren Buffett

“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

“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

“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

“Here’s the thing about behavioral economics. People are crazy.” – Phil Pearlman

“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
