Wise Quotes

"Rule Number 1, Don't lose money...Rule number two... don't forget rule 

number one."       

-Benjamin Graham, The Intellegent Investor

"In the stock market, the most important organ is the stomach, 

not the brain." 

-Peter Lynch, Fidelity Magellan Fund

"We don't have to be smarter than the rest we simply have to be more disciplined."        

- Warren Buffett, Berkshire Hathaway 

"If we take care of the downside risk, the upside will take care of itself." 

-Francis Greenberger, Time Equities 

"People get into trouble in investing not from the inability to see the future, but their inability to control their own emotions." 

-Howard Marks, Oaktree Capital

"The most important organ in investing is the stomach, not the brain." 

-Peter Lynch, Fidelity Magellan Fund

"The cycle of an investors psyche is optimism to pessimism, risk tolerance to risk aversion and they typically swing in the wrong directions."

-Howard Marks, Oaktree Capital 

"In the old legend the wise men finally boiled down the history of mortal affairs into the single phrase, "This too will pass." Confronted with a like challenge to distill the secret of sound investment into three words, we venture the motto - Margin of Safety"

-Benjamin Graham, The Intellegent Investor

"The biggest mistake investors make is that they conclude, that the way things are today is the way they'll always be and the things that have been happening will always continue to happen, while reversion to the mean is much more likely."

-Howard Marks, Oaktree Capital 

"We never know where we're going but we sure as hell should know where we are."

-Howard Marks, Oaktree Capital 

"Invest in a business any fool can run, because someday a fool will"

-Charlie Munger, Berkshire Hathaway 

"The market is not a place where a fortune is made not by how often you're right, but how much you have left when you're wrong."

-Jesse Livermore, (Professional Trader)

"Human nature is to do the wrong thing at the wrong time."

-Howard Marks, Oaktree Captial

“But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”

― Benjamin Graham, The Intelligent Investor

“You need to prepared emotionally, psychologically, and financially for a pull back or a down turn." 

― David Fabian, Preferred Capital Associates

"The stock market is filled with individuals who know the price of everything, but the value of nothing."

— Phillip Fisher

"The best investors weren't investors at all. They were entrepreneurs who never sold."

— Nick Sleep

"The only thing that matter in business is character."

— J.P. Morgan

"If you spend 13 minutes a year on economics you've wasted 10 minutes. I deal with facts, not what people tell me is going to happen in the future." 

— Peter Lynch

"I am out of step with present conditions on one point however I am clear I will not abandon a previous approach who’s logic I understand even though it may mean for going large and apparently easy profits to embrace an approach which I don’t fully understand have not practiced successfully and which possibly could lead to substantial permanent loss of capital." 

— Warren Buffett