Quotes from Bogle, Buffet, Graham, Lynch, Miller and Templeton
Apr/11/08 04:12 PM Filed in: Risk
Assessment
I never grow tired of studying great investors. Here
are a few of my favorite quotes:
Warren Buffett - "Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it."
John Templeton - "Invest at the point of maximum pessimism."
Peter Lynch - "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."
Benjamin Graham - "Even the intelligent investor is likely to need considerable willpower to keep from following the crowd."
John Bogle - "When reward is at its pinnacle, risk is near at hand."
Bill Miller - "The market does reflect the available information, as the professors tell us. But just as the funhouse mirrors don't always accurately reflect your weight, the markets don't always accurately reflect that information. Usually they are too pessimistic when it's bad, and too optimistic when it's good."
Important Disclosure
Warren Buffett - "Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it."
John Templeton - "Invest at the point of maximum pessimism."
Peter Lynch - "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."
Benjamin Graham - "Even the intelligent investor is likely to need considerable willpower to keep from following the crowd."
John Bogle - "When reward is at its pinnacle, risk is near at hand."
Bill Miller - "The market does reflect the available information, as the professors tell us. But just as the funhouse mirrors don't always accurately reflect your weight, the markets don't always accurately reflect that information. Usually they are too pessimistic when it's bad, and too optimistic when it's good."
Important Disclosure