Famous Investment Quotes

Here is a collection from some famous quotes from some of the world's best investors that we can all learn from.

 

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Warren Buffett - is widely considered the most successful investor of the 20th century.  Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway and consistently ranked among the world's wealthiest people.  His net worth is estimated to be US $58.5bn (as of 2013)

 

 

 

 

 

1. "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

Lesson - focus on quality 

2. "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."

Lesson - don't follow the herd

3. "If a business does well, the stock eventually follows."

Lesson - share prices ultimately follow company earnings - in the short term they follow sentiment

4. "When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."

Lesson - Bad industries always likely to be bad industries - avoid them

5. "We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

Lesson - self explanatory

6. "You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it."

Lesson - we can always say with great certainty that the future is always uncertain

7. "Risk comes from not knowing what you're doing."

8. "Derivatives are financial weapons of mass destruction."

Lesson - Buffett prefers to own physical assets, not synthetic financial instruments

 9. "The only time to buy these is on a day with no 'y' in it."

Lesson - we believe he was talking about airline stocks - for which he also says anytime he thinks about buying an airline, he has a bex and a good lie down.

10. "Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it."

Lesson - it is normal for market prices to fluctuate - investors can profit from this if they keep their head