There are only two kinds of forecasters – those who don’t know and those who don’t know they don’t know.
John Kenneth Galbraith
John Kenneth Galbraith
Robert Frost
When the tide goes out you can see who has been swimming naked.
Warren Buffett
Warren Buffett
Be fearful when others are greedy and greedy when others are fearful.
Warren Buffett
Warren Buffett
Short-term clients look for gurus. Long-term clients want sages. There are no gurus.
Harold Evensky
Harold Evensky
Helen Keller
For all long-term investors, there is only one objective – maximum total real return after taxes.
John Templeton
“Send your grain across the seas,
and in time, profits will flow back to you.
But divide your investments among many places,
for you do not know what risks might lie ahead.
When clouds are heavy, the rains come down…
…Farmers who wait for perfect weather never plant.
If they watch every cloud, they never harvest…
…Plant your seed in the morning and keep busy all afternoon, for you don’t know if profit will come from one activity or another – or maybe both…”
King Solomon
The beginning is the most important part of the work.
Plato
A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.
Suze Orman
He who wishes to be rich in a day will be hanged in a year.
Leonardo da Vinci
Everything should be made as simple as possible, but not simpler.
Albert Einstein
Compound interest is the most powerful force on earth.
Albert Einstein
It’s not that I am smarter; I just stay with problems longer.
Albert Einstein
He that cannot abide a bad market, deserves not a good one.
John Ray
The evidence on investment managers’ success with market timing is impressive – and overwhelmingly negative.
Charles D. Ellis
Money is of a prolific generating nature. Money can beget money, and its offspring can beget more.
Benjamin Franklin
Time is Archimedes’ lever in investing.
Charles D. Ellis
Change is the investor’s only certainty.
T. Rowe Price, Jr.
The nightingale which cannot bear the thorn – it is best that it should never speak of the rose.
Anwar-i-Suhaili
Risk drives returns.
Charles Ellis
You have to pick what you’re going to be worried about. Markets are volatile, but retirement is certain.
Nick Murray
Not to decide is to decide.
Gary Helms
Pay tax on what you take not what you make. If you can eliminate the government as 39.6% partner, then you will be much better off.
Warren Buffett
Any security specific selection decision is preceded either implicitly or explicitly by an asset allocation decision.
Scott Lummer and Mark Riepe
The most treasured asset in investment management is a steady hand at the tiller.
Robert Arnott
The art of taxation consists in so plucking the goose as to get the most feathers with the least hissing.
Jean Batiste Colbert
What the wise man does in the beginning, the fool does in the end.
Unknown
Unknown
Whenever you find yourself on the side of the
majority, it is time to reform. "It ain't what you don't know that gets
you into trouble. It's what you know for certain that just ain't
true." Thinking that you know the future.
Mark Twain
Mark Twain
Howard Marks
"Risk means more things can happen than will happen.” It is not standard deviation. It is not variability. It is this sense that the future events are highly variable and unknowable that gives us the best sense for risk.
Elroy Dimson
Smart investing doesn't consist of buying good assets, but of buying assets well. This is a very, very important distinction that very, very few people understand.
Howard Marks
As weather is to climate, so is the short term to the long term, if we think of forming an outlook or forecast.
Howard Marks
Markets act on new information which by definition nobody has.
Unknown
I have enough money to last me the rest of my life, unless I buy something.
Jackie Mason
Source:
The Best Investment-Related Quotes
http://advisorperspectives.com/newsletters12/53-bestquotes.php
