Occupation: Investor Birth: May 8, 1929
The miracle of compounding returns has been overwhelmed by the tyranny of compounding costs..
Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes..
You know the rule of 72, divide the number into 72, any number you want, and that's how long it will take your money to double..
Time is your friend; impulse is your enemy..
If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks..
Rely on the ordinary virtues that intelligent, balanced human beings have relied on for centuries: common sense, thrift, realistic expectations, pati….
The general systems of money management today require people to pretend to do something they can't do and like something they don't. It's a funny bus….
Reversion to the mean is the iron rule of the financial markets..
The mutual fund industry has been built, in a sense, on witchcraft..
Don't look for the needle in the haystack. Just buy the haystack!.
I believe - deeply and profoundly - that speculation is a loser's game..
In the long run, investing is not about markets at all. Investing is about enjoying the returns earned by businesses..
It's very difficult for any particular segment of the stock market to sustain superior performance. The watch word for our financial markets is, "rev….
It's amazing how difficult it is for a man to understand something if he's paid a small fortune not to understand it..
The stock market is a giant distraction to the business of investing..
Successful investing is about owning businesses and reaping the huge rewards provided by the dividends and earnings growth of our nation's - and, for….
Index funds eliminate the risks of individual stocks, market sectors, and manager selection. Only stock market risk remains..
Speculation leads you the wrong way. It allows you to put your emotions first, whereas investment gets emotions out of the picture..
Your success in investing will depend in part on your character and guts, and in part on your ability to realize at the height of ebullience and the ….
Learn every day, but especially from the experiences of others. It's cheaper!.
The mistakes we make as investors is when the market's going up, we think it's going to go up forever. When the market goes down, we think it's going….