Top 30 Investing Quotations
It is always good to hear and learn from sages. Some you make sure you know it by heart others, well, some are just rubbish :)
29. You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes. Bernard Madoff on Internet stocks (Looks who's talking here)
28. An Investment in knowledge always pays the best interest. Benjamin Franklin.
27. Every time history repeats itself, the price goes up. Anonymous.
26. There is no finer investment for any community than putting milk into babies. Sir Winston Churchill.
25. I will tell you how to become rich. Close the door. Be fearful when others are greedy. Be greedy when others are fearful. Warren Buffett.
24. It's not how much money you make, but how much money you keep, how hard it works for you and how many generations you keep it. Robert Kiyosaki.
23. How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case. Robert G Allen.
22. Index Investing outperforms active management year after year. Jim Rogers.
21. Successful investing is anticipating the anticipations of others. John Maynard Keynes (go figure).
20. I can calculate the motion of heavenly bodies, but not the madness of people. Sir Issac Newton after losing money in investing in the South Sea bubble.
19. We are certainly not happy with the negative wealth added in March last year, as well as March this year. Ho Ching, CEO of Temasek, after losing US$40 billion- understatement of the year (please just go before March next year).
18. Before this century is over, the Dow Jones Industrial Average will probably be over one million versus around 10,000 now. So for the long-term, the outlook is tremendously bullish if you buy stocks blindly to keep for a century. John Templeton on Bull Market or is it bullshit?
17. In the long run, everyone is dead. Anonymous- my personal favorite quotation.
16. The financial markets generally are unpredictable. So that one has to have different scenarios.. The idea that you can actually predict what's going to happen contradicts my way of looking at the market. George Soros.
15. If you took our top fifteen decisions out, we’d have a pretty average record. It wasn’t hyperactivity, but a hell of a lot of patience. You stuck to your principles and when opportunities came along, you pounced on them with vigor. Charlie Munger.
14. 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. Peter Lynch (I must remember this quote when the next roller coaster ride down comes along)
13. Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas. Paul Samuelson.
12. As people seek to improve their living environment, there will be continuous demand for residential property. Investment in real estate market should have reasonable prospects in the long run. Li Ka Shing.
11. When it is a question of money, everybody is of the same religion. Voltaire.
10. For investors as a whole, returns decrease as motion increases. Warren Buffett again, trying to put in place a 4th Law of Motion to help the departed Sir Isaac Newton complete his laws of motion.
9. The market is a voting machine but in the long run it is a weighing machine. Ben Graham.
8. The best way to spot investment fraud is the promise of safety and high returns. If someone offers you this, turn 180 degrees and do not walk – run. William Bernstein.
7. Dividends have been a way to show that earnings are real. That there is money behind those earnings. Jeremy Siegel.
6. Time is your friend; impulse is your enemy. John Bogle.
5. I don't want a lot of good investments; I want a few outstanding ones. Philip Fisher.
4. Oh my God, you've got to be buying stocks here. Don Luskin- CNBC (in January 2008 and pretty much all of 2008)
3. Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as they have predicted. I expect to see the stock market a good deal higher within a few months. Irving Fisher, Professor of Economics at Yale University speaking on 17 October 1929, just days before the Great Crash of 1929.
2. The next five to 10 years will be the most promising in the Republic’s entire history. Lee Kuan Yew on Singapore entering a golden period in a speech on 12th July 2007, a few quarters later, Singapore's GDP plunged 16.4% in 4th quarter 2008, fell another 14.6% first quarter 2009. Let's just hope he's right for the rest of the 8 years.
1. I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years. Warren Buffett for the third time.
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