Use the same measure for selling that you use for purchasing.
There is no harm in patience and no profit in lamentation. Death is easier to bear (than) that which precedes it and more severe than that which comes after it. Remember the death of the Apostle of God, and your sorrow will be lessened.
Buy cheap and sell dear.
Investment is most intelligent when it is most businesslike.
Individuals who cannot master their emotions are ill-suited to profit from the investment process.
A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.
The best values today are often found in the stocks that were once hot and have since gone cold.
By developing your discipline and courage, you can refuse to let other people’s mood swings govern your financial destiny. In the end, how your investments behave is much less important than how you behave.
On the other hand, investing is a unique kind of casino—one where you cannot lose in the end, so long as you play only by the rules that put the odds squarely in your favor.
The investment world nevertheless has enough liars, cheaters, and thieves to keep Satan’s check-in clerks frantically busy for decades to come.
Before you place your financial future in the hands of an adviser, it’s imperative that you find someone who not only makes you comfortable but whose honesty is beyond reproach.
If the reason people invest is to make money, then in seeking advice they are asking others to tell them how to make money. That idea has some element of naïveté.
Obvious prospects for physical growth in a business do not translate into obvious profits for investors.
Abnormally good or abnormally bad conditions do not last forever.
Since the profits that companies can earn are finite, the price that investors should be willing to pay for stocks must also be finite.
The work of a financial analyst falls somewhere in the middle between that of a mathematician and of an orator.
Much wants more and loses all.
Certain things will always hurt: Rejection, or Loss.
Think outside the box.
Never ever do business with the government. Be in love with them, never marry them.