A premium site with thousands of quotes
Value investing is risk aversion.
To achieve long-term success over many financial market and economic cycles, observing a few rules is not enough. Too many things change too quickly in the investment world for that approach to succeed. It is necessary instead to understand the rationale behind the rules in order to appreciate why they work when they do and don't when they don't.
We work really hard never to get confused with what we know from what we think or hope or wish.
Warren Buffett is right when he says you should invest as if the market is going to be closed for the next five years. The fundamental principles of value investing, if they make sense to you, can allow you to survive and prosper when everyone else is rudderless. We have a proven map with which to navigate. It sounds kind of crazy, but in times of turmoil in the market. I’ve felt a sort of serenity in knowing that if I’ve checked and rechecked my work, one plus one still equals two regardless of where a stock trades right after I buy it.
Interestingly, we have beaten the market quite handsomely over this time frame, although beating the market has never been our objective. Rather, we have consistently tried not to lose money and, in doing so, have not only protected on the downside but also outperformed on the upside.
I find value investing to be a stimulating, intellectually challenging, ever changing, and financially rewarding discipline
Value investing is simple to understand but difficult to implement. Value investors are not supersophisticated analytical wizards who create and apply intricate computer models to find attractive opportunities or assess underlying value. The hard part is discipline, patience, and judgment. Investors need discipline to avoid the many unattractive pitches that are thrown, patience to wait for the right pitch, and judgment to know when it is time to swing.
The single greatest edge an investor can have is a long-term orientation.
Most investors are primarily oriented toward return, how much they can make and pay little attention to risk, how much they can lose.
Investing today may well be harder than it has been at any time in our three decades of existence.
This company looks cheap, that company looks cheap, but the overall economy could completely screw it up. The key is to wait. Sometimes the hardest thing to do is to do nothing.
After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.
If given a choice between investing in someone who has read REWORK or has an MBA, I’m investing in REWORK every time. A must read for every entrepreneur.
I rarely think the market is right. I believe non dividend stocks aren't much more than baseball cards. They are worth what you can convince someone to pay for it.
No country, however rich, can afford the waste of its human resources. Demoralization caused by vast unemployment is our greatest extravagance. Morally, it is the greatest menace to our social order.
I also care that the public are getting their 12 dollars worth when they go to a movie, and that they're not coming out not wanting to ever see a movie with me in it again. I don't care what people think of me as a person, but I do care what people think of my work, and whether I'm investing enough into it.
In terms of my profession, I'm passionate about financial literacy. I want to live in a financially literate society. I want kids to understand the importance of savings and investing. I want to try to replicate the great savers who came out of the Depression, the best savers the country has ever seen. It's crucial that people understand the importance of financial literacy, because it's actually life saving.
There is not the slightest indication that nuclear energy will ever be obtainable. It would mean that the atom would have to be shattered at will.
Physical concepts are free creations of the human mind, and are not, however it may seem, uniquely determined by the external world.
Where prejudice exists it always discolors our thoughts.
A conspiracy is nothing but a secret agreement of a number of men for the pursuance of policies which they dare not admit in public
Subscribe and get notification from us