~Investing Quotes to live by~
If you have a quote post it and I will add it here.
"You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right."
~ Benjamin Graham
When markets seem irrational to you, theres a good chance you are failing to read the language the market is speaking.
~ Brett Steenbarger, Ph.D.
"The prevailing wisdom is that markets are always right, I take the opposite position. I assume that markets are always wrong."
-George Soros
"misunderstanding of the causal chains between policy and actions, we can easily trigger Black Swans thanks to aggressive ignorance—like a child playing with a chemistry kit."
-Nassim Nicholas Taleb
"Through chances various, through all vicissitudes, we make our way"
-Aeneid
"You've got to be careful if you don't know where you're going
'cause you might not get there."
-Yogi Berra
"Human felicity is produced not so much by great pieces of good fortune that seldom happen, as by little advantages that occur every day."
-Benjamin Franklin
"It requires a great deal of boldness and a great deal of caution to make a great fortune; and when you have got it, it requires ten times as much wit to keep it."
-Nathan Mayer Rothschild
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
Warren Buffett -
"Wall Street people learn nothing and forget everything."
Benjamin Graham
"The individual investor should act consistently as an investor and not as a speculator. This means.. that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money's worth for his purchase."
Benjamin Graham-
"The person that is buying a share of stock is convinced he knows something that the other person who's selling it to him does not know. There's no zero sum game in Wall Street."
Bernard Madoff -
"You just have to be opportunistic, and try to figure out what creates value.. where the bottom is, what creates incremental value, and in what combinations."
John Malone -
"In financing growing companies, we always looked for human value that didn’t appear on the balance sheet.. the quality of management, especially its entrepreneurial drive."
Michael Milken -
"Understanding how to be a good investor makes you a better business manager and vice versa."
Charlie Munger -
"When buying shares, ask yourself, would you buy the whole company?"
Rene Rivkin -
The only thing that is certain is uncertainty.
