235 Quotes by Hugh Johnson

We're forever in search of the Holy Grail of investing and that's some formula to give us the answer, ... That's the whole problem. These things work - until you try to use them.

If you're going to bet on economists and strategists on one hand, and the markets on the other, take the markets every time.

ultimately extremely good news for the health of the market.

As the transition from the bond business to the stock business takes place, the stock business needs to recover.

Investors become very guarded at the point that they think oil prices could take a chunk out of economic growth,

Common sense alone says energy is not going to be the leader.

Would I bottom fish in these industry groups? Emphatically no, ... I see no reason to believe these problems will be solved anytime soon.

If you're an aggressive investor and can't sleep at night, then you should defend your portfolio by raising some cash and shifting into more defensive stocks,

When you say the stock market is overvalued, you imply that the stock market is going down. But there is a touch of lunacy in every bull market -- stocks can become even more overvalued. A rational investment policy in an irrational world is suicide.