“You have never lost money in stocks over any 20-year period, but you have wiped out half your portfolio in bonds (after inflation). So which is the riskier asset?” YearsLostHalfPeriodsInvestingAssetsInflationPortfoliosLost Money Author:Jeremy Siegel
“The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive panic and crash, driven by the insiders having exited but the sucker outsiders hanging on hoping for a revivial, but finally giving up in the final collapse.” GivingPeriodsGiving UpFinalsInvestingFinancialDrivenMassiveBubblesDeclineCollapsePanicOutsidersCrashDistressSuckerHanging OnInsiders Author:Charles P. Kindleberger
“The U. S. is headed toward a period of business depression... beginning within the next two years, which may exceed that which preceded the War. ... The only thing that will save us is a new gold policy or the discovery of a new process or additional gold fields. If the fall [of gold production] is not prevented by design or accident we shall throttle business, wringing out all profits and experiencing all the evils of deflation.” IfsYearsMayTwoWarFallEvilNextProcessPolicyDesignFieldsPeriodsDiscoveryGoldInvestingProfitProductionsAccidentsTwo YearsExceedThrottleDeflationNew Processes Author:Irving Fisher
“When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there's almost no chance that you end up beating the index fund.” LooksLongEndsChanceResultsPeriodsTaxesBasesInvestingFundFeesLong Periods Of TimeIndex Funds Author:David F. Swensen
“Whenever you do any one thing intensely over a period of time you have to give up other lives you could be living. You have to have a real single-minded kind of tunnel vision if you want to get anything significant accomplished. Especially if the desire is not to be a businessman, but to be a creative person.” IfsWantGivingKindPersonsRealDesireVisionCreativeOne ThingPeriodsGiving UpInvestingSignificantAccomplishedBusinessmanTunnelsCreative PersonTunnel Vision Author:Steve Jobs
“Our average holding period is four years.” YearsValuesFourPeriodsInvestingAverageFour Years Author:Walter Schloss
“We're coming off a quarter here that was in-line with our expectations, but much lower at WPZ due to Geismar's extended outage and a continued heavy capital investing period all as was expected.” LinesPeriodsExpectationsInvestingHeavyDuesExpectedQuarters Author:Alan Armstrong
“The foundation of Ontario's economy is our skilled workers and innovative companies. Our government will continue its proactive approach to partnering with business and industry, investing strategically to help companies grow and create jobs in this period of economic uncertainty.” HelpingGovernmentJobsGrowsCompanyEconomyEconomicIndustryPeriodsApproachFoundationWorkersInvestingUncertaintyInnovativeProactiveOntarioSkilled WorkersPartnering Author:Brad Duguid
“Value investing strategies have worked for years and everyone's known about them. They continue to work because it's hard for people to do, for two main reasons. First, the companies that show up on the screens can be scary and not doing so well, so people find them difficult to buy. Second, there can be one-, two- or three-year periods when a strategy like this doesn't work. Most people aren't capable of sticking it out through that.” PeopleYearsFirstsWellsTwoHardReasonShowsValuesThreeDifficultCompanyKnownPeriodsCapableStrategyInvestingScaryScreensThree YearsSticking It Author:Joel Greenblatt
“Investing is a business where you can look very silly for a long period of time before you are proven right.” LooksLongPeriodsInvestingSillyProvenLong Periods Of Time Author:Bill Ackman