Investor Quotes

An investor should act as though he had a lifetime decision card with just twenty punches on it. ~ Warren Buffett

We have complaints that institutional dominance of the stock market has put 'the small investor at a disadvantage because he can't compete with the trust companies' huge resources, etc. The facts are quite the opposite. It may be that the institutions are better equipped than the individual to speculate in the market.But I am convinced that an individual investor with sound principles, and soundly advised, can do distinctly better over the long pull than large institutions. ~ Benjamin Graham

Having a financial adviser enables the investor to carry a psychological call option. If the investment decision turns out well, the investor takes the credit, and if it turns out badly, the regret can be lowered by blaming the adviser. ~ Hersh Shefrin

People ignore facts which contradict the theory in the mind of the investor. Dis-confirming evidence must be seeked out to beat this theory. ~ Manoj Arora

You can invest with less risk and make more money in the stock market. All you have to do is not be an average investor. Intelligence is the ability to make finer distinctions. ~ Robert Kiyosaki

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

An intelligent investor sees an opportunity in dip than risk. ~ Mohith Agadi

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

The true investor scarcely ever is forced to sell his shares, and at all other times he is free to disregard the current price quotation. He need pay attention to it and act upon it only to the extent that it suits his book, and no more.* Thus the investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. That man would be better off if his stocks had no market quotation at all, for he would then be spared the mental anguish caused him by other persons' mistakes of judgment. ~ Benjamin Graham

Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, ten and twenty years from now. Over time, you will find only a few companies that meet these standards - so when you see one that qualifies, you should buy a meaningful amount of stock. ~ Jeff Matthews

I am probably the biggest equity investor in the history of modern Russia. ~ Alexander Lebedev

I'm an investor in MakerBot, which is a good example of the 'thingiverse'. The idea of applying collaboration and rapid iteration to things that we interact with and hold in our hands every day is super revolutionary. ~ Matt Mullenweg

First-time fund is acceptable, but not a first-time investor. ~ Mahendra Ramsinghani

The best part of being an angel investor is seeing these kids coming up with companies that get way more traffic than Reddit had when we sold it. I think, 'Are you kidding me? They're just kids, and they've done so much.' ~ Alexis Ohanian

We are living in a world where helping others is not usual. People often give help to those with whom they have some vested interest or selfishness. One can barely find someone who is willing to give without any selfish intentions. But some people act like a blessing in disguise, yes we are about the person who never fails to help, the man with a golden heart- Aman Mehndiratta. ~ Aman Mehndiratta

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

The genuine investor in common stocks does not need a great equipment of brain and knowledge, but he does need some unusual qualities of character ~ 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

The correct method for tracking the stock market is to use semilogarithmic chart paper, since the market's history is sensibly related only on a percentage basis. The investor is concerned with percentage gain or loss, not the number of points traveled in a market average. Arithmetic scale is quite acceptable for tracking hourly waves. Channeling techniques work acceptably well on arithmetic scale with shorter term moves. ~ Robert Prechter

It is the duty of the long-term investor to endure great losses with equanimity. ~ John Maynard Keynes

A speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware. ~ John Maynard Keynes

When you're an investor, you can look at the quantitative and qualitative elements of an investment, but there's a third aspect: What you feel in your gut. ~ Kevin O'Leary

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

Warren Buffett likes to say that the first rule of investing is "Don't lose money," and the second rule is, "Never forget the first rule." I too believe that avoiding loss should be the primary goal of every investor. This does not mean that investors should never incur the risk of any loss at all. Rather "don't lose money" means that over several years an investment portfolio should not be exposed to appreciable loss of principal. ~ Seth Klarman

Global capital is agnostic - it has no loyalties. There's an overhang of capital in the U.S., and the key is yield pickup. What Africa is providing is a diversification play and also opportunities for yield pickup for the investor that's aware of what he or she is doing. ~ Euvin Naidoo

The speculator is not an investor. ~ Edwin Lefevre

Most businesses change in character and quality over the years, sometimes for the better, perhaps more often for the worse. The investor need not watch his companies' performance like a hawk; but he should give it a good, hard look from time to time. ~ Benjamin Graham

It is better to be early than too late in recognizing the passing of one era, the waning of old investment favorites and the advent of a new era affording new opportunities for the investor. ~ Thomas Rowe Price, Jr.

An investor needs to do very few things right as long as he or she avoids big mistakes. ~ Warren Buffett

The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness to do independent research, an equal willingness to admit mistakes, and the ability to ignore general panic. ~ Peter Lynch

In an ideal world, the intelligent investor would hold stocks only when they are cheap and sell them when they become overpriced, then duck into the bunker of bonds and cash until stocks again become cheap enough to buy. ~ Benjamin Graham

To be an investor you must be a believer in a better tomorrow. ~ Benjamin Graham

We are each other's seventh largest trading partner, we are the fifth largest investor there and likewise, we have a lot of exchanges between political leaders, businessmen, tourists and school children too. ~ Sellapan Ramanathan

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

The best investor is your customer. ~ Esther Dyson

I feel no shame at being found still owning a share when the bottom of the market comes ... I would go much further than that. I should say that it is from time to time the duty of a serious investor to accept the depreciation of his holdings with equanimity and without reproaching himself. ... An investor ... should be aiming primarily at long-period results, and should be solely judged by these. ~ John Maynard Keynes

Investors are people with more money than time.
Employees are people with more time than money.
Entrepreneurs are simply the seductive go-betweens.
Startups are business experiments performed with other people's money.
Marketing is like sex: only losers pay for it."
"Company culture is what goes without saying.
There are no real rules, only laws.
Success forgives all sins.
People who leak to you, leak about you.
Meritocracy is the propaganda we use to bless the charade.
Greed and vanity are the twin engines of bourgeois society.
Most managers are incompetent and maintain their jobs via inertia and politics.
Lawsuits are merely expensive feints in a well-scripted conflict narrative between corporate entities.
Capitalism is an amoral farce in which every player - investor, employee, entrepreneur, consumer - is complicit. ~ Antonio García Martínez

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

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

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 investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. ~ Benjamin Graham

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

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 natural-born investor is a myth. ~ Peter Lynch

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

Looked at from another perspective, in the 30 years from 1952 to 1981, stocks returned 9.9% and bonds returned only 2.3%, while inflation annualized out at 4.3%. Thus, during this period, the bond investor lost 2% of real value on an annualized basis, while the stock investor made a 5.6% real annualized return. The last fifteen years of that period were years of high inflation, so this is just another way of saying that stocks withstand inflation better than bonds. Short-term ~ William J. Bernstein

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

The stock investor is neither right or wrong because others agreed or disagreed with him; he is right because his facts and analysis are right. ~ Benjamin Graham

And if you're going to be a leader, you know what I ask myself? Would I want to work for you in this job? Would I let my children work for you? Would I give you this job if I wasn't there to provide oversight? If you went to run another company, would I, as an investor, invest in that company? ~ Jamie Dimon

The part of capitalism that doesn't work for me is when capitalists make decisions in the way that Adam Smith suggested, which is that as long as you do everything in the interest of the investor, you're going to actually make the best decisions for all other stakeholders. I don't happen to agree with that. ~ Danny Meyer

One thing on psychology, which we've always known, is that every investor says they're long-term - and they are until the market takes a hit. ~ Steve Forbes

If you're going to invest in an Internet stock, you must be a long-term investor. ~ Jeff Bezos

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

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's the investor who is risky, not the investment. ~ Robert Kiyosaki

Both from the standpoint of stocks and bonds, an investor wants to go where the growth is. ~ Bill Gross

Trust is key to restoring investor confidence. Rebuilding trust requires business to think and communicate differently. ~ Richard Edelamn

An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business. ~ Warren Buffett

An investor who proposes to ignore near-term market fluctuations needs greater resources for safety and must not operate on so large a scale, if at all, with borrowed money. ~ John Maynard Keynes

If
you're an investor, you're looking on what the asset is going to do, if
you're a speculator, you're commonly focusing on what the price of the
object is going to do, and that's not our game. ~ Warren Buffett

We next consider the rule that the investor does or should consider expected return a desirable thing and variance of return an undesirable thing. ~ Harry Markowitz

Most people think buying is investing, but they're wrong. Buying doesn't make you an investor any more than buying groceries makes you a chef. ~ Gary Keller

The hardest thing over the years has been having the courage to go against the dominant wisdom of the time to have a view that is at variance with the present consensus and bet that view. The hard part is that the investor must measure himself not by his own perceptions of his performance, but by the objective measure of the market. The market has its own reality. In an immediate emotional sense the market is always right so if you take a variant point of view you will always be bombarded for some time by conventional wisdom as expressed by the market. ~ Michael Steinhardt

The same system that once gave us subprime mortgage collateralized debt obligations no investor could possibly truly understand now gave us stock market trades that occurred at fractions of a penny at unsafe speeds using order types that no investor could possibly truly understand. ~ Michael Lewis

Many banks do not advertise they are portfolio lenders and many people working at the bank may not even know what a portfolio lender is. If you are calling up a bank and they say they aren't a portfolio lender, don't give up! Ask to talk to a loan officer and ask specific questions about what type of investor programs they offer. Here are some good questions to ask; Do you loan to investors who already have four mortgages? Do you sell your loans or keep them in-house? Do you allow investors with four or more mortgages to do cash out refinance? What terms and loan programs do you offer investors? ARM, 15, 30 year fixed, balloon? What interest rates are you charging and what are the initial costs for your loans? What ~ Mark Ferguson

I'm an investor in a number of biotech companies, partly because of my incredible enthusiasm for the great innovations they will bring. ~ Bill Gates

J.P. Morgan once had a friend who was so worried about his stock holdings that he could not sleep at night. The friend asked, 'What should I do about my stocks?' Morgan replied, 'Sell down to your sleeping point' Every investor must decide the trade-off he or she is willing to make between eating well and sleeping well. High investment rewards can only be achieved at the cost of substantial risk-taking. So what is your sleeping point? Finding the answer to this question is one of the most important investment steps you must take. ~ Burton Malkiel

Whether a tops-down or bottoms-up investor in bonds, stocks, or private equity, the standard analysis tends to judge an investor or his firm on the basis of how the bullish or bearish aspects of the cycle were managed. ~ Bill Gross

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

The chief problem with the individual investor: He or she typically buys when the market is high and thinks it's going to go up, and sells when the market is low and thinks it's going to go down. ~ Harry Markowitz

Nebraska was home to indigenous peoples for centuries. It became a state in 1867, and has produced an important literary figure, Willa Cather, as well as an investor said to be the world's second richest man, Warren Buffett. ~ Stephen Kinzer

That investors should be able to take physical possession of the cotton which underpinned the bonds if the South failed to make its interest payments. Collateral is, after all, only good if a creditor can get his hands on it. And that is why the fall of New Orleans in April 1862 was the real turning point in the American Civil War. With the South's main port in Union hands, any investor who wanted to get hold of Southern cotton had to run the Union's naval blockade not once but twice, in and out. ~ Niall Ferguson

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

Skeleton key property management associated with managing several real estate properties efficiently and organization of residential properties,Investor Services, Property Management commercial and industrial real estate in Rochester NY. ~ Real Estate Investment Property NY

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

But whatever the consensus on the EMH, I know of no serious academic, professional money manager, trained security analyst, or intelligent individual investor who would disagree with the thrust of EMH: The stock market itself is a demanding taskmaster. It sets a high hurdle that few investors can leap. ~ John C. Bogle

An investor calculates what a stock is worth, based on the value of its businesses. ~ Benjamin Graham

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

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

I see myself as a private-equity investor that helps rebuild companies. Restructuring is a cottage industry in that there aren't that many serious practitioners. ~ Wilbur Ross

1. Project What is the project? Why is it unique? Why is the business needed? Why will customers love your product? 2. Partners Who are you? Who are the partners? What are your educational backgrounds? How much experience do you all have? How are you and your partners qualified to make the project a success? 3. Financing What is the total cost of the project? How much debt and how much equity is there? Are partners investing their own money? What is the investor's return and reward for their risk? What are the tax consequences? Who is your CFO or accounting firm? Who is responsible for investor communications? What is the investor's exit? 4. Management Who is running your company? What is their experience? What is their track record? Have they ever failed? How does their experience relate to your industry? Do you believe this is the strongest management team you can assemble? Can you pitch them with confidence? ~ Donald J. Trump

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

If you're an investor who wants a little bit more from the capital-appreciation side of things, but still likes this concept of getting 'paid by the company,' then we would tell that investor to pursue shareholder yield. ~ James O'Shaughnessy

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

Graham's wonderful sentence as, an investor needs only two things: cash and courage. Having only one of them is not enough. ~ Seth Klarman

Investors know that a major factor to investing success is the ability to go where others will not. That's where an investor will be able to achieve excess returns versus the overall market, if executed properly. However, the concept of contrarianism can be taken to extremes at times. ~ J. Lukas Neely

And we invested three hundred thousand dollars, became the lead investor and I became Chairman of the Board of Scientific Data Systems, as I was at Intel for a while. ~ Arthur Rock

As a serial investor who has raised hundreds of millions of dollars for startups, I know that the business plans coming out of incubators tend to be vetted and more thoroughly validated. The incubator's input into your business plan will make you look far more polished and experienced - even if you have never run a business before. ~ Jay Samit

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

To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis. ~ Robert T. Kiyosaki

Das Leben einen klugen Investors ist wie das Leben eines Krokodils. Es besteht zum größten Teil aus Warten. Warten auf die nächste Mahlzeit.
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Life of an intelligent investor is like the life of a crocodile. It mostly consists of waiting. Waiting for the next meal ~ Karsten Reuss

Personal finance, like most important aspects of life, is a never-ending quest. The competent investor never stops learning. ~ William J. Bernstein

The billionaire investor George Soros has coined a term to describe this perspective: "free market fundamentalism." It is the belief not simply that free markets are the best way to run an economic system, but that free markets are the only way that will not ultimately destroy our other freedoms. "The doctrine of laissez-faire capitalism holds that the common good is best served by the uninhibited pursuit of self-interest,"36 Soros wrote. ~ Naomi Oreskes

Unless an investor has access to 'incredibly high-qualified professionals,' they should be 100 percent passive - that includes almost all individual investors and most institutional investors. ~ David F. Swensen

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

In fact, what's been happening is that there's been a flow of investor funds to the United States, to Treasury securities, which are regarded as a safe haven now, which has a mixed effect for the United States.3 It tends over time to raise the value of the dollar and harm exports. So it's not good for a healthy economy. ~ Noam Chomsky

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

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

You have to make the shift from being a consumer in the economy to becoming an owner-and you do it by becoming an investor. ~ Tony Robbins

Rich dad always said, "To be successful as an investor or a business owner, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game." Quitting ~ Robert T. Kiyosaki