Explore Quotes on Investing

If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor.

Cash combined with courage in a time of crisis is priceless.

We don't have to be smarter than the rest. We have to be more disciplined than the rest.

As a nation, this is the moment to start seriously investing our time, energy and resources into proven methods of reducing violence, both within our nation as well as internationally. The cost of violence to our culture and our children is simply not sustainable.

Investing in [children] is not a national luxury or a national choice. It's a national necessity. If the foundation of your house is crumbling, you don't say you can't afford to fix it while you're building astronomically expensive fences to protect it from outside enemies. The issue is not are we going to pay - it's are we going to pay now, up front, or are we going to pay a whole lot more later on.

Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money.

It is what people actually did in the stock market that counted - not what they said they were going to do.

People who look for easy money invariable pay for the privilege of proving conclusively that it cannot be found on this earth.

One of the most helpful things that anybody can learn is to give up trying to catch the last eighth - or the first. These two are the most expensive eighths in the world. They have cost stock traders, in the aggregate, enough millions of dollars to build a concrete highway across the continent.

It is foolhardy to make a second trade, if your first trade shows you a loss. Never average losses. Let this thought be written indelibly upon your mind.

"On Pat Hearne - He made money in stocks, and that made people ask him for advice. He would never give any. If they asked him point-blank for his opinion about the wisdom of their commitments he used a favorite race-track maxim of his: "You can't tell till you bet.""

If you can't sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level.

Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

A man must study general conditions, to seize them so as to be able to anticipate probabilities.

I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.

The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.

A man must believe in himself and his judgement if he expects to make a living at this game. That is why I don't believe in tips."

"I can't sleep" answered the nervous one._x000D__x000D_"Why not?" asked the friend._x000D__x000D_"I am carrying so much cotton that I can't sleep thinking about. It is wearing me out. What can I do?"_x000D__x000D_"Sell down to the sleeping point", answered the friend.

I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up.

Professional traders have always had some system or other based upon their experience and governed either by their attitude towards speculation or by their desires.