Most investors would be better off in an index fund.
The most important organ in the body as far as the stock market is concerned is the guts, not the head. Anyone can acquire the know-how for analyzing stocks.
If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.
Avoid hot stocks in hot industries.
Charts are great for predicting the past.
Suicide is a permanent solution to a temporary problem. Suicide is a choice and I think if we work with that with kids, we’ll get somewhere.
I think you have to learn that there’s a company behind every stock, and that there’s only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
The simpler it is, the better I like it.
Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they’re going to be higher or lower in two to three years, you might as well flip a coin to decide.
It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.
All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out.
There’s a company behind every stock and a reason companies – and their stocks – perform the way they do.
Never invest in any idea you can’t illustrate with a crayon.
Owning stocks is like having children – don’t get involved with more than you can handle.
Hold no more stocks than you can remain informed on.
I’ve always said, the key organ here isn’t the brain, it’s the stomach. When things start to decline – there are bad headlines in the papers and on television – will you have the stomach for the market volatility and the broad-based pessimism that tends to come with it?
If all the economists in the world were laid end to end, it wouldn’t be a bad thing.
Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.
The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.
I’ve found that when the market’s going down and you buy funds wisely, at some point in the future you will be happy. You won’t get there by reading ‘Now is the time to buy.’