Market Legends

Words of Wisdom

134 Published Quotes New image every 6 hours
Contrarian discipline

Robert Arnott

In investing, what is comfortable is rarely profitable.

Contrarian Investing

Warren Buffett

Our goal is more modest: we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Independent Thinking

Ray Dalio

To make money in the markets, you have to think independently and be humble.

Quality investing and price discipline

Charlie Munger

A great business at a fair price is superior to a fair business at a great price.

Contrarian investing

Sam Zell

If everyone is going left, look right.

Behavioral Inefficiency

Carl Icahn

Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity.

Long-term equity investing

David Swensen

If you're investing with a long time horizon, having an equity bias makes sense; stocks go up in the long run.

Concentration and patience

Mohnish Pabrai

Few Bets, Big Bets, Infrequent Bets.

Contrarian value investing

Hetty Green

I buy when things are low and no one wants them.

Risk management and humility

George Soros

I'm only rich because I know when I'm wrong.

Patience and discipline in long-term investing

John C. Bogle

Time is your friend; impulse is your enemy.

Risk management

Ed Seykota

The elements of good trading are cutting losses, cutting losses, and cutting losses.

Market cycles

Jesse Livermore

There is nothing new in Wall Street. There can't be because speculation is as old as the hills.

Price versus value

Philip A. Fisher

The stock market is filled with individuals who know the price of everything, but the value of nothing.

Contrarian investing

Howard Marks

The secret to making money lies in contrarianism, not conformity.

Risk management and conviction

Stanley Druckenmiller

The way to build superior long-term returns is through preservation of capital and home runs.

Market Cycles & Investor Psychology

Sir John Templeton

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

Market humility and crowd psychology

Bernard M. Baruch

The main purpose of the stock market is to make fools of as many people as possible.