Market Legends

Words of Wisdom

138 Published Quotes New image every 6 hours
Diversification

Ray Dalio

Diversifying well is the most important thing you need to do in order to invest well.

Capital Preservation

Stanley Druckenmiller

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

Contrarian investing

John Maynard Keynes

Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.

Concentration and investment quality

Philip Fisher

I don't want a lot of good investments; I want a few outstanding ones.

Conviction through understanding

Peter Lynch

Know what you own, and know why you own it.

Trend following and risk awareness

Ed Seykota

The trend is your friend except at the end where it bends.

Risk management and capital preservation

Paul Tudor Jones

The most important rule of trading is to play great defense, not great offense.

Diversification and index investing

John C. Bogle

Don't look for the needle in the haystack. Just buy the haystack!

Market uncertainty and risk preparation

Howard Marks

You Can't Predict. You Can Prepare.

Risk

Warren Buffett

You only learn who has been swimming naked when the tide goes out.

Patience

Jesse Livermore

It never was my thinking that made the big money for me. It was always my sitting.

Value

Benjamin Graham

Price is what you pay; value is what you get.