As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very easy and safe. This is a big mistake.
When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
- Peter Lynch, Manager - Fidelity Investments
What the wise do in the beginning, fools do in the end.
- Warren Buffett, Chairman - Berkshire Hathaway
Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.
- Jim Rogers, Co-Founder - Quantum Fund
If you do not understand the importance of the price of a stock, you pay a heavy price for it.
- Unknown
Successful investing is anticipating the anticipations of others.
- John Maynard Keynes, Father of modern macroeconomics
Lower prices today mean higher future rates of return, and high prices today mean lower future rates of return.
- Bill Miller, Chairman - Legg Mason Capital Management
When buying shares, ask yourself, would you buy the whole company.
- Warren Buffett, Chairman - Berkshire Hathaway
A mistake is not something to be determined after the fact, but in the light of the information until that point.
- Nassim Nicholas Taleb, Author - Fooled by Randomness
Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
- Warren Buffett, Chairman - Berkshire Hathaway
If I owe you a pound, I have a problem. But if I owe you a million, the problem is yours.
- John Maynard Keynes, Father of modern macroeconomics
