From novice to expert investors, history’s best investment quotes and sayings can assist in all market scenarios, to a classic bull market, to the onset of a recession. While most readers likely know a Warren Buffett quote or two, there are a number of other role models out there for retail investors to pay attention to. Yes, the disappointing performance of the hedge fund industry as a whole has raised some questions about their style, but it’s worth pointing out that at Insider Monkey, we’ve found the best picks of the best funds can still outperform the market. Learn the secrets of our strategy here.
In this light, looking at the best investment quotes and sayings is less of a method to reminisce, and more of a practical way to tweak one’s own philosophy on the markets. There’s sure to be something here for growth, value and income investors alike, just as the secrets of this strategy can provide.
Let’s take a look at the 15 best quotes from some of the top minds of the investment field; you may be surprised at what you find.
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No. 15:
“Persist – don’t take no for an answer. If you’re happy to sit at your desk and not take any risk, you’ll be sitting at your desk for the next 20 years.” – David Rubenstein
No. 14:
“If you took our top fifteen decisions out, we’d have a pretty average record. It wasn’t hyperactivity, but a hell of a lot of patience. You stuck to your principles and when opportunities came along, you pounced on them with vigor.” – Charlie Munger
No. 13:
“The four most dangerous words in investing are: ‘this time it’s different.'” – Sir John Templeton
No. 12:
“The individual investor should act consistently as an investor and not as a speculator.” – Ben Graham
No. 11:
“‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” – Warren Buffett
No. 10:
“Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.” – Jim Rogers
No. 9:
“Invest in yourself. Your career is the engine of your wealth.” – Paul Clitheroe
No. 8:
“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett
No. 7:
“An investment in knowledge pays the best interest.” – Benjamin Franklin
No. 6:
“Every once in a while, the market does something so stupid it takes your breath away.” – Jim Cramer
No. 5:
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Phillip Fisher
No. 4:
“Know what you own, and know why you own it.” – Peter Lynch
No. 3:
”I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.” – George Soros
No. 2:
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” – Paul Samuelson
No. 1:
“Wide diversification is only required when investors do not understand what they are doing.” – Warren Buffett
