Top 145 Quotes & Sayings by Famous Investors - Page 2

Don't be afraid to be a loner but be sure that you are correct in your judgement.

We like to buy stocks which we feel are undervalued and then we have to have the guts to buy more when they go down.

If you have good stocks and you really know them, you'll make money if you're patient over three years or more.

My first job at Graham-Newman was to prepare the annual report for that 10th year.

It's Web, and then everything else. It's social media first, and everything else.

Our average holding period is four years.

Investors have no reason to feel bearish. True value investors are glad the markets are down.

One has to know more about a company if one buys earnings.

Bank One has got one of the best credit card divisions, ... The perception of investors is that financial services stocks are affected by interest rates and they're not.

One of the tricks of this business is, keep your losses down.

We do not spend a great deal of time talking to management.

If the market were way over priced, I wouldn't own any stocks.

Be sure that debt does not exceed 100% of the equity.

I'm not very good on timing. In fact, I've stayed away from it.

One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks.

Look for companies that do not have a lot of debt.

Don't depend on recent or current figures to forecast future prices; remember that many others knew them before you did

We may buy a little bit of a stock, to get our feet wet and get a feeling for it.

If there are not too many value stocks that I can find, the market isn't all that cheap.

All the publicity about value investing - it's become a very popular thing.

Don't sell on bad news.

If the market is so cheap, you want to get something with a little more zip in it, or potential.

I stopped wasting time on what [other] people claimed a stock was worth and started looking at the numbers.

Ben was a great believer in buying a diversified group of securities, so that he limited his risk.

Today, if you listen to sports talk radio, they are not talking the right way about most women's sports. Those people will retire, or frankly a lot of them are getting fired or laid off - and we'll get younger people into key media positions who are more egalitarian, more open minded, more respectful.

You have to invest the way that's comfortable for you.

My job was to find stocks that were undervalued.

Earnings can change dramatically. Usually assets change slowly.

The market is a very emotional place that appeals to fear and greed.

Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the wrong time.

What I've learned so far from researching is that to win the Stanley Cup, you have to make the playoffs.

We look at the Web as being our basic power plant, kind of like electricity, so the Web and communicating in this fashion is second nature to us now. It's not like we go brochure, television, mail. It's Web, and then everything else. It's social media first, and everything else.

Don't buy on tips or for a quick move.

I helped Ben with the third edition of Security Analysis, published in 1951.

A good starting point [in the measurement of investment risk] is the preservation and enhancement of your purchasing power in real terms.

Don't be in too much of a hurry to sell.

When you buy a depressed company it's not going to go up right after you buy it, believe me.

Price is the most important factor to use in relation to value.

I keep a lot to myself. Thinking a million things while speaking ten things.

Be careful of leverage. It can go against you.

I don't have a ticker-tape machine in my office.

Graham liked the idea of protection on the downside.

If you are honest, hardworking, reasonably intelligent and have good common sense, you can do well in the investment field as long as you are not too greedy and don't get too emotional when things go against you.

Some kinds of stocks are easier to analyse than others.

You have to be a little aware of the emotions of the people who have invested with you.

Yes, Warren has done very well.

This is a business. Like any other business.

If the stock goes down we want to buy more.

I buy stocks when they are battered. I am strict with my discipline. I always buy stocks with low price-earnings ratios, low price-to-book value ratios and higher-than-average yield. Academic studies have shown that a strategy of buying out-of-favor stocks with low P/E, price-to-book and price-to-cash flow ratios outperforms the market pretty consistently over long periods of time.

Buy stocks where the outlook is not good.

Look at companies selling at new lows.

Ben was really a contrarian but he didn't use those terms because he was really buying value.

I now realize there are millions of self-made millionaires who started with nothing. They dug inside themselves to find the answers and they succeeded. There is nothing anyone else can do that I can't do.

History constantly reminds us that in an uncertain world there is no visibility of prospects. Future earnings cannot be predicted with accuracy.

A lot of companies have lots of assets tied up in plant and equipment. Well, is it old plant, or is it new plant?

Analysts have always been overly optimistic.

The Depression taught me what frugality means and the importance of not losing money.

Try to look for weaknesses in your thinking.

You know, people tend to like to buy companies that are doing well.

You must have the discipline and temperament to resist your impulses. Human beings have precisely the wrong instincts when it comes to the markets. If you recognise this, you can resist the urge to buy into a rally and sell into a decline. It’s also helpful to remember the power of compounding. You don’t need to stretch for returns to grow your capital over the course of your life.