-
"The historical data support one conclusion with unusual force: To invest with success, you must be a long-term investor."
John Clifton Bogle (1929–), US investment analyst, founder, and CEO of the Vanguard Group
Source: Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor (1999), ch. 1
-
"As time goes on, I get more and more convinced that the right method in investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes. It is a mistake to think that one limits one's risk by spreading too much between enterprises about which one knows little and has no reason for special confidence."
John Maynard Keynes (1883–1946), British economist
Source: Letter to F. C. Scott, (August 15, 1934)
-
"Successful investing is anticipating the anticipations of others."
John Maynard Keynes (1883–1946), British economist
Source: Quoted in Isms (Gregory Bergman, 2006)
-
"Those who invest only to get rich will fail. Those who invest to help others will probably succeed."
Art Fry (1931–), US entrepreneur and inventor of Post-it notes
Source: Interview, The Empty Raincoat: Making Sense of the Future (Charles Handy, 1994)
-
"For most individuals, the stock market is best used for investing, not trading … On-line trading may be quick and easy; on-line investing requires old-fashioned elbow grease like researching a company or making the time to appreciate the level of risk. I'm often surprised by investors who spend more time deciding what movie they'll rent than on which stock to buy."
Arthur Levitt, Jr (1931–), US author and former chairman of the US Securities and Exchange Commission
Speech to the National Press Club.
Source: “Plain Talk about On-line Investing” (May 4, 1999)
-
"Make your company stock a consumer product. When consumers buy stock in your company, they'll never buy a competitive product. You've linked their financial future to yours."
Faith Popcorn (1947–), US trend expert and founder of BrainReserve
Source: “Q&A with Faith Popcorn,” www.brainreserve.com (1999)
-
"My advice to this investor is the same that I give to the young investors in my classes … Devote the same earnest attention to investing that $50,000 as you devoted to earning it."
Ivan Boesky (1937–), US financier convicted of insider dealing in 1987
Source: Quoted in the Wall Street Journal (January 2, 1985)
-
"Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little."
Fred Schwed (1901–1966), US author
Source: Where Are the Customers' Yachts? (1995)
-
"The only reason to invest in the market is because you think you know something others don’t."
R. Foster Winans (1948–), US journalist and author
Source: Newsweek (December 1, 1986)
-
"If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring."
George Soros (1930–), US financier, entrepreneur, and philanthropist
Source: Quoted in The Winning Investment Habits of Warren Buffett & George Soros (Mark Tier, 2006)
-
"I don’t invest in anything I don’t understand—it makes more sense to buy TV stations than oil wells."
Oprah Winfrey (1954–), US talk show host, actress, and business executive
Source: Quoted in Oprah Winfrey Speaks (Janet Lowe, 1998)
-
"Lethargy bordering on sloth remains the cornerstone of our investment style."
Warren Buffett (1930–), US entrepreneur and financier
Source: Newsweek (May 1991)
-
"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes."
Warren Buffett (1930–), US entrepreneur and financier
Source: Chairman’s Letter to Shareholders, (February 28, 1997)
-
"I don’t pay attention to what the stock does. If the business does well, the stock eventually follows."
Warren Buffett (1930–), US entrepreneur and financier
Source: BusinessWeek (1994)
-
"The true investor welcomes volatility … a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses."
Warren Buffett (1930–), US entrepreneur and financier
Source: Chairman’s Letter to Shareholders, (March 7, 1995)
-
"Investing is simple, but not easy."
Warren Buffett (1930–), US entrepreneur and financier
Source: Attributed
-
"Rule no. 1: Never lose money. Rule no. 2: Never forget rule no. 1."
Warren Buffett (1930–), US entrepreneur and financier
Source: Quoted in Warren Buffett Speaks (Janet Lowe, 1997)
-
"Never invest in any ideas you can’t illustrate with a crayon."
Peter Lynch (1944–), US fund manager
Source: Beating the Street (1993)
-
"Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage."
Peter Lynch (1944–), US fund manager
Source: One Up On Wall Street (1990)
-
"I got positive feelings when I saw that Taco Bell's headquarters was stuck behind a bowling alley. When I saw those executives operating out of that grim little bunker, I was thrilled. Obviously they weren’t wasting money on landscaping the office."
Peter Lynch (1944–), US fund manager
On his decision to invest in Taco Bell restaurants
Source: One Up On Wall Street (1990)
-
"Go for a business that any idiot can run—because sooner or later, any idiot probably is going to run it."
Peter Lynch (1944–), US fund manager
Source: Quoted in The Book of Investing Wisdom (Peter Krass, 1999)
-
"Sometimes your best investments are the ones you don’t make."
Donald J. Trump (1946–), US real estate developer
Source: Quoted in Trump: The Art of the Deal (cowritten with Tony Schwartz, 1987)
-
"Never invest your money in anything that eats or needs repainting."
Billy Rose (1899–1966), US theatrical impresario and composer
Source: New York Post (October 26, 1957)
-
"Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes."
John Clifton Bogle (1929–), US investment analyst, founder, and CEO of the Vanguard Group
Source: Bogle on Mutual Funds (1993)
-
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks."
Benjamin Graham (1894–1976), US economist and investor
Source: The Intelligent Investor (1949)
-
"Bond investors are the vampires of the investment world. They love decay, recession—anything that leads to low inflation and the protection of the real value of their loans."
Bill Gross, US cofounder and co-chief investment officer of PIMCO
Source: Bill Gross on Investing (1998)
-
"Whales only get harpooned when they come to the surface, and turtles can only move forward when they stick their neck out, but investors face risk no matter what they do."
Charles A. Jaffe, US financial journalist
Source: Attributed
-
"Four hundred seventy-three million to one. Those are the odds against George Soros compiling the investment record he did as manager of the Quantum Fund from 1968 through 1993."
Paul Tudor Jones (1954–), US commodity trader
Source: The Alchemy of Finance: Reading the Mind of the Market (1994)
-
"More money is probably lost by people who attempt to invest their money conservatively and sanely, but ignorantly, than is lost by those who enter into frank speculations."
John Moody (1868–1958), US investor and financial analyst
Source: Quoted in The Book of Investing Wisdom (Peter Krass, 1999)
-
"You have to be intellectually honest with yourself and others. In my judgment, all great investors are seekers of truth."
Michael Steinhardt (1940–), US hedge fund manager
Source: Quoted in Market Wizards (John D. Schwager, 1989)