Worldwide Success

If you want to be a good investor the best way to learn is to listen to the greatest investors of all times and to try to absorb some of their wisdom.  Here are a few quotes from some of the world’s greatest investors.   Read them, absorb them, and most important, put their advice to practice:

On what to do when the market is down:

“If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.”

WARREN BUFFETT

“You make most of your money in a bear market, you just don’t realize it at the time”

SHELBY CULLOM DAVIS

“Investors should purchase stocks like they purchase groceries – not like they purchase perfume…”

BENJAMIN GRAHAM

On trying to time the market:

“Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic”

WARREN BUFFETT

“In the short run the market is a voting machine.  In the long run it is a weighing machine.”

BENJAMIN GRAHAM

“Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves.”

PETER LYNCH

“If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes”

WARREN BUFFETT

“Great companies bought at great prices should be like great friends – you do not want to drop them precipitously.”

SHELBY M.C. DAVIS

On value investing:

“Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.”

WARREN BUFFETT

“The chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.”

BENJAMIN GRAHAM

On the market:

“Your success in investing will depend in part on your character and guts, and in part on your ability to realize at the height of the ebullience and the depth of despair alike that this too shall pass.”

JOHN BOGLE

“Nobody can predict interest rates, the future direction of the economy or the stock market.  Dismiss all such forecasts and concentrate on what is actually happening to the companies in which you’ve invested.”

PETER LYNCH

“The hangover is the worst where the party was the wildest.”

SHELBY M.C. DAVIS

These are the thoughts from the best minds in the investment world.  If you want to be a successful investor, live by these words each and every day.

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