I don't want a lot of good investments. I want a few outstanding ones.
People often panic when the markets go down and sell off their stocks but then they aren't in the game when the markets are doing well.
- Suze Orman, Host - The Suze Orman Show
Read Ben Graham and Phil Fisher; Read annual reports, but don’t do equations with Greek letters in them.
- Warren Buffett, Chairman - Berkshire Hathaway
Change is the investor's only certainty.
- Thomas Rowe Price, Jr, Founder - T. Rowe Price investment firm
Never ask a barber if you need a haircut. He will always say yes.
- Warren Buffett, Chairman - Berkshire Hathaway
Speculation is most dangerous when it looks easiest.
- Warren Buffett, Chairman - Berkshire Hathaway
The best argument for mutual funds is that they offer safety and diversification. But way too often, they offer neither safety nor diversification.
- Ron Chernow, Author - The Death of the Banker
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
Americans now know that housing prices can go down and they can go down by 50 percent. But five years ago, everybody thought they could only go up.
- Bill Gross, Co-founder - Pacific Investment Management
Analysts have always been overly optimistic or pessimistic
- David Dreman, Founder - Dreman Value Management
You don't need to spend 60 hours a week analyzing companies. The average person needs only a few good stocks in a lifetime.
- Peter Lynch, Manager - Fidelity Investments
