Quotes on Investors

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

If a business does well, the stock eventually follows.

The investor of today does not profit from yesterday's growth.

An investor should act as though he had a lifetime decision card with just twenty punches on it.

Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.