Most investors would be better off in an index fund.
Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they're going to be higher or lower in two to three years, you might as well flip a coin to decide.
The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders.
In stocks as in romance, ease of divorce is not a sound basis for commitment.
The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.
The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.
All the time and effort people devote to picking the right fund, the hot hand, the great manager have, in most cases, led to no advantage.
I'm always fully invested. It's a great feeling to be caught with your pants up.
You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.
Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested
Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.
Long shots almost always miss the mark.
You have to keep your priorities straight if you plan to do well in stocks.
Everyone has the brain power to make money in stocks. Not everyone has the stomach.
Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people.
In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.
But my system for over 30 years has been this: When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30.
I've always been a great lover of baseball.
Improved turnout will give parliament and government the appearance of being more legitimate.
I don't go near the money and the money doesn't go near me.
It's human nature to keep doing something as long as it's pleasurable and you can succeed at it - which is why the world population continues to double every 40 years.
I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy.
I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'
When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.
The real key to making money in stocks is not to get scared out of them.
Suicide is a permanent solution to a temporary problem. Suicide is a choice and I think if we work with that with kids, we'll get somewhere.
If all the economists in the world were laid end to end, it wouldn't be a bad thing.
Don't bottom fish.
