Investing Quotes

A defensive investor can always prosper by looking patiently and calmly through the wreckage of a bear market.

Successful investing is about managing risk, not avoiding it.

It’s nonsensical to derive a price/earnings ratio by dividing the known current price by unknown future earnings.

While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster

The intelligent investor should recognize that market panics can create great prices for good companies and good prices for great companies.

Now is always the hardest time to invest.

Price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply and to sell wisely when they advance a great deal.

Traditionally the investor has been the man with patience and the courage of his convictions who would buy when the harried or disheartened speculator was selling.

Never mingle your speculative and investment operations in the same account nor in any part of your thinking.

You don’t get what you want from investing, you get what you deserve.