Quotes


Will Keep adding to this, check back again ...submit your own and will include them as well

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Warren Buffet’s Investment & Life Wisdoms 

 

Spending: If you buy things you don't need, you'll soon sell things you need.

Savings: Don't save what is left after spending; spend what is left after saving.

Hard work: All hard work brings profit; but mere talk leads only to poverty.

Laziness: A sleeping lobster is carried away by the water current.

Earnings: Never depend on a single source of income.

Borrowings: The borrower becomes the lender's slave.

Accounting: It's no use carrying an umbrella, if your shoes are leaking.

Auditing: Beware of little expenses; a small leak can sink a large ship.

Risk-taking: Never test the depth of the river with both feet.

Investment: Don't put all your eggs in one basket.



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Peter Lynch

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.

I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'

Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.


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George Soros

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.

Well, you know, I was a human being before I became a businessman.

The financial markets generally are unpredictable. So that one has to have different scenarios. The idea that you can actually predict what's going to happen contradicts my way of looking at the market.

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.

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

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Sir John Templeton

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.

If you want to have a better performance than the crowd, you must do things differently from the crowd.


The four most dangerous words in investing are 'This time it's different'. 


  
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“A trader should have no opinion. The stronger your opinion, the harder it is to get out of a losing position.”
- Paul Rotter

“I have two basic rules about winning in trading as well as in life: 1. If you don’t bet, you can’t win. 2. If you lose all your chips, you can’t bet.”
- Larry Hite

“The best advice I can give to the ordinary guy trying to become a better trader is Learn to take losses. The most important thing in making money is not letting your losses get out of hand.”
- Marty Schwartz

"Experienced traders control risk, inexperienced traders chase gains." 
- Alan Farley

"If you're going to panic, panic early." - Unknown
  

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