“Quinn's First Law of Investing is never to buy anything whose price you can't follow in the newspapers. An investment without a public marketplace attracts the fabulists the way picnics attract ants. Stock brokers and financial planners can tell you anything they want, because no one really knows what's true. The First Corollary to Quinn's First Law states that, even when the price is in the newspapers, you shouldn't buy anything too complex to explain to the average 12-year-old.” KnowsWayWantYearsFirstsStatesLawMoneyInvestmentComplexesInvestingFinancialAverageNewspapersAntsMarketplacePicnicsPlannersBrokersQuinnStock Broker Book:Making the Most of Your Money Source: Making the Most of Your Money
“No one knows what stocks will do tomorrow, but the evidence is clear as to how they'll perform over 10 or 20 years. They will almost certainly go up.” KnowsYearsClearTomorrowEvidence Book:Making the Most of Your Money Source: Making the Most of Your Money
“Never try to time the bond market. Anyone who claims to know the future of interest rates is certifiable.” KnowsTryingInterestClaimsRateInterest RateBond Market Author:Jane Bryant Quinn
