Hello. I am Deepak Kundu, an avid book reader and quotes collector. Here is a list of 26 quotes about Investing that I liked and saved from various books. I hope you enjoy reading them.
Investing Quotes
If beating the market is a zero-sum game before costs, it is a loser’s game after costs are deducted. How often we forget the power of these “relentless rules of humble arithmetic”, when we bet against one another, day after day—inevitably, to no avail—in the stock market.
from The Clash of the Cultures book by John C. Bogle
Sometimes the markets are highly efficient, sometimes wildly inefficient, and it’s not easy to know the difference.
from The Clash of the Cultures book by John C. Bogle
One of the greatest sins of investing is to be captivated by the siren song of the market, which can lure you into buying stocks when they are soaring and into selling stocks when they are plunging. Impulses like these can destroy even the best of portfolios.
from The Clash of the Cultures book by John C. Bogle
The secret to investing is that there is no secret. There is only the majesty of simplicity.
from The Clash of the Cultures book by John C. Bogle
Investing is simple. But it is not easy, for it requires discipline, patience, steadfastness, and that most uncommon of all gifts, common sense.
from The Clash of the Cultures book by John C. Bogle
The great irony of successful investing is that simple is cheaper and more profitable. Complicated investments only benefit the people and companies that sell them.
from The Simple Path to Wealth book by J. L. Collins
Doing what everybody else is doing at the moment, and therefore what you have an almost irresistible urge to do, is often the wrong thing to do at all.
from Common Stocks and Uncommon Profits book by Philip Fisher
If the job has been correctly done when a common stock is purchased, the time to sell it is—almost never.
from Common Stocks and Uncommon Profits book by Philip Fisher
An investor should always realize that some mistakes are going to be made and that he should have sufficient diversification so that an occasional mistake will not prove crippling. However, beyond this point he should take extreme care to own not the most, but the best. In the field of common stocks, a little bit of a great many can never be more than a poor substitute for a few of the outstanding.
from Common Stocks and Uncommon Profits book by Philip Fisher
There are no prizes for frenetic activity. Rather, investing is mostly a matter of waiting for these rare moments when the odds of making money vastly outweigh the odds of losing it.
from Richer, Wiser, Happier book by William Green
We doom ourselves to suffer—both in investing and life—when we expect or yearn for things to stay the same.
from Richer, Wiser, Happier book by William Green
A crash at the beginning of your investing life is a gift. In fact, any pullback in stock prices is a gift while you are in the process of accumulating your wealth. It allows you to buy more shares for your dollars, on sale if you will.
from The Simple Path to Wealth book by J. L. Collins
The great irony of investing is that the more you watch and fiddle with your holdings the less well you are likely to do. Fill your basket, add as much as you can along the way and ignore it the rest of the time. You’ll likely wake up rich.
from The Simple Path to Wealth book by J. L. Collins
The intelligent investor should not buy common stocks simply because they are cheap but only if they give promise of major gain to him.
from Common Stocks and Uncommon Profits book by Philip Fisher
Investing in stocks is an art, not a science, and people who’ve been trained to rigidly quantify everything have a big disadvantage.
from One Up on Wall Street book by Peter Lynch
Investing without research is like playing stud poker and never looking at the cards.
from One Up on Wall Street book by Peter Lynch
Investing is just like gambling. It’s all about the odds. Looking out for mispriced betting opportunities and betting heavily when the odds are overwhelmingly in your favor is the ticket to wealth.
from The Dhandho Investor book by Mohnish Pabrai
In seeking to make investments in the public equity markets, ignore the innovators. Always seek out businesses run by people who have demonstrated their ability to repeatedly lift and scale. It is the Dhandho way.
from The Dhandho Investor book by Mohnish Pabrai
The difference between a gambler and an investor is simple. For a gambler, investing is a game of chance. For an investor, investing is a game of skill.
from Rich Dad’s CASHFLOW Quadrant book by Robert Kiyosaki
Investing is much like flying. If you’ve been to flight school and spent a number of years gaining experience, then flying is fun and exciting. But if you’ve never been to flight school, I’d leave the flying to someone else.
from Rich Dad’s CASHFLOW Quadrant book by Robert Kiyosaki
Good investing isn’t necessarily about earning the highest returns, because the highest returns tend to be one-off hits that can’t be repeated. It’s about earning pretty good returns that you can stick with and which can be repeated for the longest period of time. That’s when compounding runs wild.
from The Psychology of Money book by Morgan Housel
Investing is not a hard science. It’s a massive group of people making imperfect decisions with limited information about things that will have a massive impact on their wellbeing, which can make even smart people nervous, greedy and paranoid.
from The Psychology of Money book by Morgan Housel
The number one skill in investing is patience—extreme patience.
Mohnish Pabrai, from Richer, Wiser, Happier book by William Green
If you’re going to be in this game for the long pull, which is the way to do it, you better be able to handle a fifty percent decline without fussing too much about it. And so my lesson to all of you is, conduct your life so that you can handle the fifty percent decline with aplomb and grace. Don’t try to avoid it. It will come. In fact, I would say if it doesn’t come, you’re not being aggressive enough.
Charlie Munger, from Richer, Wiser, Happier book by William Green
If you want to do better as an investor, the single most powerful thing you can do is increase your time horizon. Time is the most powerful force in investing. It makes little things grow big and big mistakes fade away.
from The Psychology of Money book by Morgan Housel
I’m convinced that everything that’s important in investing is counterintuitive, and everything that’s obvious is wrong.
Howard Marks, from Richer, Wiser, Happier book by William Green