Via Addicted2Success, here are a few awesome investment quotes by a few of the worlds greatest investors:
Insightful Investment Quotes
Warren Buffett (Net Worth $39 Billion) â ââPrice is what you pay; value is what you get.â Whether weâre talking about socks or stocks, I like buying quality merchandise when it is marked down.â
George Soros (Net Worth $22 Billion) - âIâm only rich because I know when Iâm wrongâŚI basically have survived by recognizing my mistakes.â
David Rubenstein (Net Worth $2.8 Billion) â âPersist â donât take no for an answer. If youâre happy to sit at your desk and not take any risk, youâll be sitting at your desk for the next 20 years.â
Ray Dalio (Net Worth $6.5 Billion) â âMore than anything else, what differentiates people who live up to their potential from those who donât is a willingness to look at themselves and others objectively.â
Eddie Lampert (Net Worth $3 Billion) â âThis idea of anticipation is key to investing and to business generally. You canât wait for an opportunity to become obvious. You have to think, âHereâs what other people and companies have done under certain circumstances. Now, under these new circumstances, how is this management likely to behave?â
T. Boone Pickens (Net Worth $1.4 Billion) - âThe older I get, the more I see a straight path where I want to go. If youâre going to hunt elephants, donât get off the trail for a rabbit.â
Charlie Munger (Net Worth $1 Billion) â âIf you took our top fifteen decisions out, weâd have a pretty average record. It wasnât hyperactivity, but a hell of a lot of patience. You stuck to your principles and when opportunities came along, you pounced on them with vigor.â
David Tepper (Net Worth $5 Billion) â âThis company looks cheap, that company looks cheap, but the overall economy could completely screw it up. The key is to wait. Sometimes the hardest thing to do is to do nothing.â
Benjamin Graham â âThe individual investor should act consistently as an investor and not as a speculator. This means that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his moneyâs worth for his purchase.â
Louis Bacon (Net Worth $1.4 Billion) â âAs a speculator you must embrace disorder and chaos.â
Paul Tudor Jones (Net Worth $3.2 Billion) - âWere you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt. After a while size means nothing. It gets back to whether youâre making 100% rate of return on $10,000 or $100 million dollars. It doesnât make any difference.â
Bruce Kovner (Net Worth $4.3 Billion) - â My experience with novice traders is that they trade three to five times too big. They are taking 5 to 10 percent risks on a trade when they should be taking 1 to 2 percent risks. The emotional burden of trading is substantial; on any given day, I could lose millions of dollars. If you personalize these losses, you canât trade.â
Rene Rivkin (Net Worth $346 Million) - âWhen buying shares, ask yourself, would you buy the whole company?â
Peter Lynch (Net Worth $352 Million) â âI think you have to learn that thereâs a company behind every stock, and that thereâs only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.â
John Templeton (Net Worth $20 Billion)- âThe time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell.â
John (Jack) Bogle (Net Worth $4 Billion) - âIf you have trouble imagining a 20% loss in the stock market, you shouldnât be in stocks.â