Explore Quotes on Investing

The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.

The number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in terms of its competitive advantage. Look for more value in terms of discounted future cash-flow than you are paying for. Move only when you have an advantage.

But we reject the belief that America must choose between caring for the generation that built this country and investing in the generation that will build its future.

In numerous years following the war, the Federal Government ran a heavy surplus. It could not (however) pay off its debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.

By investing others with the power to dictate who you are, you rob yourself of an opportunity to truly grow. You shortchange yourself by devaluing the experiences and knowledge you've banked, all those things that have been making you, you.

A tyrant... is always stirring up some war or other, in order that the people may require a leader.

Making money from enforcing patents is no more wrong than investing in preferred stock.

Many receive advice, few profit by it.

I do nothing but go about persuading you all, old and young alike, not to take thought for your persons or your properties, but and chiefly to care about the greatest improvement of the soul.

If a man is proud of his wealth, he should not be praised until it is known how he employs it.

Peace is the absence of war, but beyond that peace is a commodity unlike any other. Peace is security. Peace is a mindset. Peace is a way of living. Peace is the capacity to transcend past hurts - to break cycles of violence and forge new pathways that say, I would like to make sure we live as a community where there is justice, security, and development for all members. At the end of the day, peace is an investment; it is something you create by investing in a way of life and monitoring where your resources go.

As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.

The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.

A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.

Investing in early childhood nutrition is a surefire strategy. The returns are incredibly high.

People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.

I will not just live my life. I will not just spend my life. I will invest my life.

The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute yardstick. This makes them trend followers by definition.

I contend that financial markets never reflect the underlying reality accurately; they always distort it in some way or another and the distortions find expression in market prices. Those distortions can, occasionally, find ways to affect the fundamentals that market prices are supposed to reflect.

The generally accepted view is that markets are always right -- that is, market prices tend to discount future developments accurately even when it is unclear what those developments are. I start with the opposite view. I believe the market prices are always wrong in the sense that they present a biased view of the future.

Unfortunately, the more complex the system, the greater the room for error.