Investing Quotes

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

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.

If fees consume more than 1% of your assets annually, you should probably shop for another adviser.

A speculator gambles that a stock will go up in price because somebody else will pay even more for it.

Giving should be entered into in just the same way as investing. Giving is investing.

The investor should be aware that even though safety of its principal and interest may be unquestioned, a long term bond could vary widely in market price in response to changes in interest rates.

The Stone Age didn’t end because we ran out of stones, and the age of oil won’t end because we run out of oil.

The beauty of periodic rebalancing is that it forces you to base your investing decisions on a simple, objective standard.

It is very much easier for a rich man to invest and grow richer than for the poor man to begin investing at all. And this is also true of nations.

The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is resilient in case an asset-price bubble bursts in the future.