Sayings on Stock markets – 3
Given enough time, enough attempts, and enough information, almost any pattern can be tested out of any data set. ~Andrew Lo. Finance professor, MIT
If you find yourself tempted to ask the question what stock should i buy, resist the temptation. If you do ask, don’t listen. And if you hear an answer, promise that you will ignore it. ~Larry E Swedroe. Principal- Bucking ham Asset Management.
Over years i learned a lot from the teaching and example of others, though what I learned never prevented me from making my own blunders, large and small, nor did it contribute very much to what ever success I have achieved. ~BanjaminGraham
Investing is not a game where the guy with 160 IQ beats the guy with 130 IQ. Once you have ordinary intelligence what you need is the temperament to control the urges that get other people in to the trouble in investing. ~WarrenBuffet
Just as a cautious businessman avoids investing all his capital in one concern, so wisdom would probably admonish us also not to anticipate all our happiness from one quarter alone. ~Sigmund Freud
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. ~George Soros
The Fundamental principle of economic activity is that no man you transact will lose; then you shall not. ~Arthasastra
There are two times in a man’s life when he should not speculate : when he can affod it, and when he can’t. ~Mark Twain
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
Markets are designed to allow individuals to look after their private needs and to pursue profit. It’s really a great invention and I wouldn’t under-estimate the value of that, but they’re not designed to take care of social needs. ~George Soros
The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell. ~John Templeton
A market is the combined behavior of thousands of people responding to information, misinformation and whim. ~Kenneth Chang
I hate weekends because there is no stock market. ~Rene Rivkin
The four most dangerous words in investing are “This time it’s different”. ~John Templeton
Put not your trust in money, but put your money in trust. ~Oliver Wendell Holmes
Experience taught me a few things. One is to listen to your gut, no matter how good something sounds on paper. The second is that you’re generally better off sticking with what you know. And the third is that sometimes your best investments are the ones you don’t make. ~Donald Trump
I am opposed to millionaires, but it would be dangerous to offer me the position. ~Mark Twain
Money can’t buy you happiness but it does bring you a more pleasant form of misery. ~Spike Milligan
Money couldn’t buy friends, but you got a better class of enemy. ~Spike Milligan
Money is better than poverty, if only for financial reasons. ~Woody Allen
Inflation hasn’t ruined everything. A dime can still be used as a screwdriver. ~Quoted in P.S. I Love You, compiled by H. Jackson Brown, Jr.
Wealth – any income that is at least one hundred dollars more a year than the income of one’s wife’s sister’s husband. ~H.L. Mencken
Do not value money for any more nor any less than its worth; it is a good servant but a bad master. ~Alexandre Dumas fils, Camille, 1852
Literature is an investment of genius which has dividends to all subsequent times. ~John Burroughs
You don’t own stocks. Stocks own you. ~TONY BALIS
There are two rules of investing, The first rule is don’t lose. The second rule is don’t forget rule number one. ~Benjamin Graham