Quotes on Investing

Enjoy your work and work for whom you admire.

Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.

Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.

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

I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.

Experience shows that what happens is always the thing against which one has not made provision in advance.

There is nothing so disastrous as a rational investment policy in an irrational world.

If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.

Thus, the weight of my criticism is directed against the inadequacy of the theoretical foundations of the laissez-faire doctrine upon which I was brought up and for many years I taught

We have an obligation and a responsibility to be investing in our students and our schools. We must make sure that people who have the grades, the desire and the will, but not the money, can still get the best education possible.

I had ... come to an entirely erroneous conclusion, which shows, my dear Watson, how dangerous it always is to reason from insufficient data.

It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.

Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

The important thing is to keep playing, to play against weak opponents and to play for big stakes.

You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.

We will reject interesting opportunities rather than over-leverage our balance sheet.

Only when you combine sound intellect with emotional discipline do you get rational behavior.

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.

Diversification may preserve wealth, but concentration builds wealth.

Money is not everything. Make sure you earn a lot before speaking such nonsense.

Let blockheads read what blockheads wrote.