I framed 14 quotes on the wall in my office
They shaped me as an investor and I reread them every week
1. "The big money is not in the buying and selling, but in the waiting." - Charlie Munger
They shaped me as an investor and I reread them every week
1. "The big money is not in the buying and selling, but in the waiting." - Charlie Munger
2. "Know what you own, and know why you own it." - Peter Lynch
3. "The individual investor should act consistently as an investor and not as a speculator." - Benjamin Graham
4. "Don't look for the needle in the haystack. Just buy the haystack!" - John Bogle
5. "Heads I win; tails I donβt lose much." - Mohnish Pabrai
6. "Experience is making mistakes and learning from them." - Bill Ackman
7. "You canβt predict. You can prepare." - Howard Marks
8. "The secret to investing is to figure out the value of something β and then pay a lot less." - Joel Greenblatt
9. "Investing is the intersection of economics and psychology." - Seth Klarman
10. "The market is a pendulum that forever swings between unsustainable optimism and unjustified pessimism." - David Dodd
11. "He who lives by the crystal ball will eat shattered glass." - Ray Dalio
12. "The most important thing in investing is to know what you are investing in." - Carl Icahn
13. "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." - George Soros
14. "Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1." - Warren Buffett8
That's it for today.
Grab my free e-book with 100 examples of Quality Stocks here: compounding-quality.ck.page
Grab my free e-book with 100 examples of Quality Stocks here: compounding-quality.ck.page
Loading suggestions...