Warren Buffett's Brilliant Quotes on Investment
Warren Buffett is 84 years old and even at that age, the billionaire "Oracle of Omaha" continues to be involved in some of the biggest investment plays in the world. Buffett is undoubtedly the most successful investor in history. His investment philosophy is no secret, and he has repeatedly shared bits and pieces of it through a lifetime of quips and memorable quotes.
We compiled a few of Buffett's best quotes from his TV appearances, newspaper, magazine interviews, and of course his annual letters.
1) Buying a stock is about more than just the price: "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. ..
2) You don't have to be a genius to invest well: "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ."
3) But, master the basics: "To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these.
4) Don't buy a stock just because everyone hates it: None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
5) Bad things aren't obvious when times are good: "After all, you only find out who is swimming naked when the tide goes out."
6) Always be liquid: "I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits."
7) The best time to buy a company is when it's in trouble: "The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table."
8) Stocks have always come out of crises: "Over the long term, the stock market news will be good".
9) Don't be fooled by that Cinderella feeling you get from great returns: The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. more
We compiled a few of Buffett's best quotes from his TV appearances, newspaper, magazine interviews, and of course his annual letters.
1) Buying a stock is about more than just the price: "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. ..
2) You don't have to be a genius to invest well: "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ."
3) But, master the basics: "To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these.
4) Don't buy a stock just because everyone hates it: None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
5) Bad things aren't obvious when times are good: "After all, you only find out who is swimming naked when the tide goes out."
6) Always be liquid: "I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits."
7) The best time to buy a company is when it's in trouble: "The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table."
8) Stocks have always come out of crises: "Over the long term, the stock market news will be good".
9) Don't be fooled by that Cinderella feeling you get from great returns: The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. more
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Sankaran, It is essential to have enough financial education before venturing into stock market investing/trading. I would suggest to attend the short courses conducted on the market by BSE, etc. more
Jan 31
Mr Sankaran thiagarajan: Financial planning is important for every one. First you have to have financial goals, like Marriage, House, Vehicle and corpus for the retirement These goals should have time frame. Buying a car within a year Building house within 10 year Children education Corpus required for retired life, to take care of medical, living as during the earning period This calls for investment planning So when you want to start something like this, trading is not the one to start. Try to understand the stock market, companies where you want to invest and how it get affected due to policies etc. Always good to plan long term strategy, trading is short term and very high risk is involved. You can start with reading magazines like "Dalal Street" to have an idea more
Jan 29
Mr. RANABIR GHOSH: It is true that one gets stuck with initial choice but you may have already been approached by many other portals. Anyway you can see comparison at: http://www.chittorgarh.com/newportal/online_stock_broker_comparison.asp more
Dec 08
