Quotes on Investing

The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.

Our economy is the result of millions of decisions we all make every day about producing, earning, saving, investing, and spending.

Time is on your side when you own shares of superior companies.

The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.

Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor.

People who want to know how stocks fared on any given day ask, "Where did the Dow close?" I'm more interested in how many stocks went up versus how many went down. These so-called advance/decline numbers paint a more realistic picture.

In economics, the majority is always wrong.

Investing in women is smart economics, and investing in girls, catching them upstream, is even smarter economics.

If we become increasingly humble about how little we know, we may be more eager to search.

Investing is the intersection of economics and psychology.

I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.

There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people

The privileged have regularly invited their own destruction with their greed.

I have never known much good done by those who affected to trade for the public good.

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.

Investors should remember that their scorecard is not computed using Olympic-diving methods: Degree-of-difficulty doesn't count. If you are right about a business whose value is largely dependent on a single key factor that is both easy to understand and enduring, the payoff is the same as if you had correctly analyzed an investment alternative characterized by many constantly shifting and complex variables.

The threat of China is not military. The threat of China is they can't be intimidated. Europe you can intimidate. When the US tries to get people to stop investing in Iran, European companies pull out, China disregards it. You look at history and understand why - they've been around for 4,000 years, they have contempt for the barbarians, they just don't give a damn.

Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.

Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.