Best investment quotes

Hoenir

“Large amounts of money aren’t made by buying what everybody likes. They’re made by buying what everybody underestimates.”  Howard Marks

“Successful investing is only common sense. Each system for investing will eventually become obsolete.”

"I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart."  Charlie Munger

“The way you learn about businesses is by absorbing information about them, thinking, deciding what counts and what doesn’t count, relating one thing to another. And…that’s the job. And you can’t get that by looking at a bunch of little numbers on a chart bobbing up and down, or reading market commentary and periodicals or anything of the sort. That just won’t do it. You’ve got to understand the businesses. That’s where it all begins and ends.”     Warren Buffett  

“Investment strategy really is a two-edged sword, and he who lives by an aggressive strategy usually can die by it. It proved possible for investors to become too comfortable with volatility — when it was on the upside and called ‘profit.’ Volatility is a lot less enjoyable when it turns to the downside, but it’s the flip side of the same coin.” Howard Marks

"Financial disasters happen when the last person who can remember what went wrong last time has left the building." 

artyboy

aroominyork said:

Does anyone have a quote which doesn't favour passive investing...???

A fool and his money....

Bostonerimus1

Cus said:

“Investing is not supposed to be easy. Anyone who finds it easy is stupid.” — Charlie Munger

"Investing isn't easy, but it can be simple"...Bostonerimus1

Eco_Miser

Bostonerimus1 said:

My guiding light is Dickens's Mr. Micawber:
"Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds nought and six, result misery."

Another from Wilkins Micawber, the one he actually lived by: "Something will turn up".

Ciprico

Surprised no one has chipped in with:

..timing the market versus time in the market...

shortseller09

or... 'the trend is your friend'

       'don't fight the Fed'

       'buy the f****** dip!'

aroominyork

Ciprico said:

Surprised no one has chipped in with:

..timing the market versus time in the market...

That's because it is an adage, not a quote!

Hoenir

"Bull markets are born on pessimism, grow on scepticism, mature on optimism and die on euphoria". - Sir John Templeton

ChesterDog

“It’s not hard. Stop thinking about what your money can buy. Start thinking about what your money can earn. And then think about what the money it earns can earn.”

– J.C. Collins, The Simple Path to Wealth

Via Monevator

Bobziz

“The man who has no money is poor, but one who has nothing but money is poorer. He is only rich who can enjoy without owning; he is poor who though he has millions, is covetous.” – Orison Swett Marden