Investing Quotations | Page 7

We have not known a single person who has consistently or lastingly make money by thus "following the market". We do not hesitate to declare this approach is as fallacious as it is popular.

For 99 issues out of 100 we could say that at some price they are cheap enough to buy and at some price they would be so dear that they would be sold.

The distinction between investment and speculation in common stocks has always been a useful one and its disappearance is cause for concern.

Never mingle your speculative and investment operations in the same account nor in any part of your thinking.

At heart, "uncertainty" and "investing" are synonyms.

By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.

Losing some money is an inevitable part of investing, and there's nothing you can do to prevent it. But to be an intelligent investor, you must take responsibility for ensuring that you never lose most or all of your money.

There is a close logical connection between the concept of a safety margin and the principle of diversification.

The best values today are often found in the stocks that were once hot and have since gone cold.

Investing is most intelligent when it is most businesslike.