621 Quotes About Investing

An investor needs to do very few things right as long as he or she avoids big mistakes.

I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.

You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.

Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.

Turnarounds seldom turn.

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

Lethargy, bordering on sloth should remain the cornerstone of an investment style.

If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness.

By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.