When the market deviates from your analysis, you have to cut losses without fuss or emotions.
- Alexander Elder - Topics: Trader, Money Management, Wall Street.
I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms.
- Paul Tudor Jones - Topics: Wall Street, Trader, Stock Market.
It took me five years to learn to play the game intelligently enough to make big money when I was right.
- Jesse Livermore - Topics: Trader, Stock Market, Wall Street.
Successful trading is always an emotional battle for the speculator, not an intelligent battle.
The only thing you can be sure of is that there are times when large numbers of stocks are priced too high and other times when they're priced too low.
- Benjamin Graham - Topics: Wall Street, Stock Market, Investing.
One of our basic principles in investing is to buy wherever things are the lowest price. You can only get things at a low price if somebody is selling, nothing else pushes your share down. If bargains are there, we load up on them.
- John Templeton - Topics: Investing, Stock Market, Wall Street.
Remember, your goal is to trade well, not to trade often.
- Alexander Elder - Topics: Trader, Stock Market, Wall Street.
The pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.
- Jesse Livermore - Topics: Stock Market, Money Management, Investing, Trader, Wall Street.
Every investment is a lump sum payment for a future cash flow. To find the theoretical value, we look at those projected cash flows and discount it with an intrest rate.
- Ray Dalio - Topics: Investing, Stock Market, Wall Street.
The stock market will do whatever it has to do to embarrass the greatest number of people to the greatest extent possible.
- Walter Deemer - Topics: Wall Street, Trader, Stock Market.
Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.
- Jim Rogers - Topics: Investing, Stock Market, Wall Street.
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
- Warren Buffett - Topics: Stock Market, Investing, Wall Street.
Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.
- George Soros - Topics: Trader, Stock Market, Investing, Forecasting, Wall Street.
Most people get interested when everyone else is. The time to be interested is when no one else is. You can't buy what is popular and do well.
- Warren Buffett - Topics: Investing, Stock Market, Wall Street.
If you don't understand a company, if you can't explain it to a ten year old in two minutes or less, don't own it.
- Peter Lynch - Topics: Wall Street, Stock Market, Investing.
If stock market experts were so expert, they would be buying stock, not selling advice.
- Norman R. Augustine - Topics: Investing, Stock Market, Wall Street.
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
- Warren Buffett - Topics: Wall Street, Stock Market, Investing.
I believe that anyone who is intelligent, conscientious, and willing to put in the necessary time can be successful on Wall Street. As long as they realize the market is a business like any other business, they have a good chance to prosper.
By the time market declines or advances are front-page news, they usually have run their course.
- Bill Miller - Topics: Investing, Stock Market, Wall Street.
It is essential to wait for trades with a good risk / reward ratio. Patience is a virtue for a trader.
- Alexander Elder - Topics: Wall Street, Trader, Money Management.
You learn a little about yourself during bull markets. You learn a lot of about yourself during bear markets.
- Ian McMillan - Topics: Investing, Wall Street.
When all the experts and forecasts agree, something else is going to happen.
- Bob Farrell - Topics: Wall Street, Trader, Stock Market, Investing, Forecasting.
Markets are irrational in the short term but not over the long term. They sometimes offer fire sale prices on the greatest companies in the world.
- Fred Wilson - Topics: Wall Street, Stock Market, Investing.
Many traders ride an emotional roller coaster and miss the essential element of winning: the management of their emotions.
- Alexander Elder - Topics: Stock Market, Trader, Wall Street.
One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.
- William Feather - Topics: Wall Street, Trader, Stock Market, Investing.
The market falls by 10% once about every two years. Every six years, the market’s going to have a 25% decline. The market goes down sometimes. If you’re not ready for that, you shouldn’t own stocks.
- Peter Lynch - Topics: Stock Market, Wall Street.
It’s only when the tide goes out that you learn who has been swimming naked.
- Warren Buffett - Topics: Wall Street, Trader, Leverage.
Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.
Succesful institutional traders often talk of quitting and going to trade for themselves. Only a handful of them manage to make the transition. Most traders who leave institutions get caught up in the emotions of fear, greed, elation, and panic when they start risking their own money.
Selling your winners and holding your losers is like cutting the flowers and watering the weeds.
- Peter Lynch - Topics: Investing, Stock Market, Wall Street.
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
- Peter Lynch - Topics: Wealth, Wall Street, Stock Market, Investing.
As is often the case in financial markets, when the opinions are all on one side, the opportunities are usually on the other.
In order to earn excess returns, one has to anticipate changes in expectations, not react to them.
Any fool can buy a company. You should be congratulated when you sell.
- Henry Kravis - Topics: Wall Street, Trader, Stock Market, Investing.
The stock market is a device for transferring money from the impatient to the patient.
Bargain prices do not occur when consensus is cheery, the news is good, and investors are optimistic.
I made a killing in the stock market. My broker lost all my money, so I killed him.
- Jim Loy - Topics: Stock Market, Broker, Wall Street.
The typical experience of the speculator is one of temporary profit and ultimate loss.
- Benjamin Graham - Topics: Stock Market, Trader, Wall Street.
My largest positions are not the ones I think I'm going to make the most money from. My largest positions are the ones I don't think I'm going to lose money in.
- Joel Greenblatt - Topics: Investing, Stock Market, Wall Street.
To buy when others are despondently selling and to sell when others are euphorically buying takes the greatest courage, but provides the greatest profit.
- John Templeton - Topics: Wall Street, Stock Market, Investing.
If everybody's waiting for a bounce to sell, either the market doesn't bounce or, if it does, you shouldn't sell into it.
- Bob Farrell - Topics: Trader, Investing, Wall Street.
Another lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills.
All of the great investing periods begin when things are terrible and end when they are wonderful.
Owning stocks is like having children. Don't get involved with more than you can handle.
- Peter Lynch - Topics: Wall Street, Stock Market, Money Management, Investing.
There are two kinds of investors, be they large or small: those who don't know where the market is headed, and those who don't know that they don't know. Then again, there is a third type of investor - the investment professional, who indeed knows that he or she doesn't know, but whose livelihood depends upon appearing to know.
- William Bernstein - Topics: Wall Street, Stock Market, Investing.
Once you think that something is improbable and everybody thinks it, people modify their behavior in a way that makes it more probable. Everyone thought it was so improbable that so many people would default on real estate, it actually created a greater probability that it would happen because more capital flowed into that sector.
- Lloyd Blankfein - Topics: Banking System, Stock Market, Wall Street.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
In this business it’s easy to confuse luck with brains.
- Jim Simons - Topics: Investing, Stock Market, Trader, Wall Street.
Wall Street makes its money on activity. You make your money on inactivity.
Markets can be volatile from time to time. However, stock prices follow earnings accumulation over the long term.
- Naved Abdali - Topics: Investing, Stock Market, Wall Street.
People who exit the stock market to avoid a decline are odds-on favorites to miss the next rally.
- Peter Lynch - Topics: Wall Street, Trader, Stock Market, Investing.
Derivatives are financial weapons of mass destruction.
- Warren Buffett - Topics: Banking System, Leverage, Wall Street.
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
- George Soros - Topics: Investing, Money Management, Stock Market, Trader, Wall Street, Wealth.
Find the trend whose premise is false, and bet against it.
- George Soros - Topics: Forecasting, Investing, Stock Market, Trader, Wall Street.
There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.
- Peter Lynch - Topics: Stock Market, Money Management, Investing, Trader, Wall Street.
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.
- John Templeton - Topics: Trader, Wall Street, Stock Market, Investing.
Instagram: quotesonfinance Facebook: quotesonfinance X: QuotesOnFinance
