If fees consume more than 1% of your assets annually, you should probably shop for another adviser..
The memory of the financial community is proverbially and distressingly short..
The intelligent investor should recognize that market panics can create great prices for good companies and good prices for great companies..
To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks..
Always buy your straw hats in the Winter.
A defensive investor can always prosper by looking patiently and calmly through the wreckage of a bear market..
By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed..
For 99 issues out of 100 we could say that at some price they are cheap enough to buy and at some price they would be so dear that they would be sold..
If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume..
Business is business and politics is politics and never between shall meet..
If some lose their whole fortunes, they will drag many more down with them . . . believe me that the whole system of credit and finance which is carr….
The individual investor should act consistently as an investor and not as a speculator. This means ... that he should be able to justify every purcha….
Be wary of the arrogant intellectual who comments from the stands without having played on the field..
I know what I want! And I just go for it..
The investor with a portfolio of sound stocks should expect their prices to fluctuate and should neither be concerned by sizable declines nor become ….
Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be….
We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power..
Anyone with special abilities earns a differential return on that flair, which we economists call a rent. Those few with extraordinary P.Q. (Performa….
I will not just live my life. I will not just spend my life. I will invest my life..
The older you get the more you understand what you're doing.
Stop shoulding on yourself.