Investing Quotes

The intelligent investor is a realist who sells to optimists and buys from pessimists.

Investing is most intelligent when it is most businesslike.

An investor calculates what a stock is worth, based on the value of its businesses.

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.

Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be replaced by issues much more reasonable priced.

The intelligent investor shouldn’t ignore Mr. Market entirely. Instead, you should do business with him- but only to the extent that it serves your interests.

As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.

Before you invest, you must ensure that you have realistically assessed your probability of being right and how you will react to the consequences of being wrong.

If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume.

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