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I Quotes

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All I Quotes

“Investing is the greatest business in the world because you never have to swing. You stand at the plate; the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like; then, when the fielders are asleep, you step up and hit it.”

“Investing is the intersection of economics and psychology. The analysis is actually the easy part. The economics, the valuation of the business isn't that hard. The psychology - how much do you buy, do you buy it at this price, do you wait for a lower price, what do you do when it looks like the world might end - those things are harder. Knowing whether you stand there, buy more, or whether something has legitimately gone wrong and you need to sell, those are harder things. That you learn with experience, by having the right psychological makeup.”

“Investing isn’t a game - It has a substantive impact on the living of life and the development of civilization. It’s not just about stock tickers and opening bells and timing buys and sells to get a quick profit in the gap…. It effects when and where houses are built, the quality of schools, the accessibility of organic food, the price of solar relative to gasoline…. Investments direct the development of civilization.”

“Investing requires a substantial amount of effort, skill, and wisdom. However, it shouldn’t be laborious. Look at the trees in the forest - are any of them laboring? Are any of the trees in the forest hustling or grinding? No, the trees in the forest are not laboring, hustling or grinding. It’s a natural flow, a progressive accumulation. The trees in the forest are active, yes. But their activity is with calm, temperance, strategy, consistency and faith - not laborious. At Mayflower-Plymouth, we invest like the trees in the forest - with calm, temperance, strategy, consistency, and faith.”

“Investment bubbles and high animal spirits do not materialize out of thin air. They need extremely favorable economic fundamentals together with free and easy, cheap credit, and they need it for at least two or three years. Importantly, they also need serial pleasant surprises in such critical variables as global GNP growth.”

“Investment in the eradication of hunger today is a good business decision. If we fail to make this investment, it is doubtful that we can sustain healthy economic growth. Without this investment, our nation may disintegrate into a country sharply divided between those who have enough to eat and those who do not.”

“Investment is as important as the funeral cover. Even if you don’t want it. You need it, because you will use it in the future. With the little you have. Learn how to invest, save and buy shares. You will thank yourself in the future. We won’t see financial freedom. When we spend, throw, and blow every cent or penny we have. Financial freedom is to be financially responsible.”