The natural-born investor is a myth.
Stocks are a safe bet, but only if you stay invested long enough to ride out the corrections.
The stock market really isn’t a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.
If you go to Minnesota in January, you should know that it’s gonna be cold. You don’t panic when the thermometer falls below zero.
There’s no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.
Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.
The basic story remains simple and never-ending. Stocks aren’t lottery tickets. There’s a company attached to every share.
In business, competition is never as healthy as total domination.
It isn’t the head but the stomach that determines the fate of the stockpicker.
There seems to be an unwritten rule on Wall Street: If you don’t understand it, then put your life savings into it. Shun the enterprise around the corner, which can at least be observed, and seek out the one that manufactures an incomprehensible product.
There are substantial rewards for adopting a regular routine of investing and following it no matter what, and additional rewards for buying more shares when most investors are scared into selling.
If you can follow only one bit of data, follow the earnings – assuming the company in question has earnings. I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.
When you sell in desperation, you always sell cheap.
You shouldn’t just pick a stock – you should do your homework.
More money is lost anticipating the changes in the overall stock market than any other way of investing.
I’m always fully invested. It’s a great feeling to be caught with your pants up.
You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.
A lot of people got in at the wrong time. A lot of people did very well and some people said, “This is it. I’ll never get back in again.” And they maybe meant it, but they probably got back in again anyway.
The extravagance of any corporate office is directly proportional to management’s reluctance to reward the shareholders.
If you hope to have more money tomorrow than you have today, you’ve got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.