“My philosophy is that all stocks are bad. There are no good stocks unless they go up in price. If they go down instead, you have to cut your losses fast Letting losses run is the most serious mistake made by most investors.” IfsMadePhilosophyRunningLossMistakeCuttingSeriousEntrepreneurInvestmentInvestingFinancialFinanceInvestorsFoundersYour LossSerious Mistakes Author:William O'Neil
“I do not mean to impugn the social justice and social expediency of the redistribution of incomes aimed at by N.I.R.A. and by the various schemes for agricultural restriction. The latter, in particular, I should strongly support in principle. But too much emphasis on the remedial value of a higher price-level as an object in itself may lead to serious misapprehension as to the part which prices can play in the technique of recovery. The stimulation of output by increasing aggregate purchasing power is the right way to get prices up; and not the other way round.” WayShouldMayMeanPlayValuesSocialJusticeLevelsPrinciplesSupportToo MuchObjectsParticularSeriousHigherSocial JusticeRoundsInvestingVariousTechniqueIncomeRecoveryLatterSchemesRight WayEmphasisRestrictionOutputStimulationPurchasingExpediencyPurchasing Power Author:John Maynard Keynes
“But whatever the consensus on the EMH, I know of no serious academic, professional money manager, trained security analyst, or intelligent individual investor who would disagree with the thrust of EMH: The stock market itself is a demanding taskmaster. It sets a high hurdle that few investors can leap.” KnowsIndividualSecuritySeriousIntelligentInvestingManagersLeapDisagreeInvestorsAcademicConsensusThrustAnalystsHurdle Author:John C. Bogle
“The defensive (or passive) investor will place chief emphasis on the avoidance of serious mistakes or losses. His second aim will be freedom from effort, annoyance, and the need for making frequent decisions.” NeedsLossDecisionEffortMistakeSeriousAimInvestingChiefsInvestorsPassiveEmphasisAvoidanceAnnoyanceSerious Mistakes Book:The Intelligent Investor, Rev. Ed Source: The Intelligent Investor, Rev. Ed
“Never say anything about a person you wouldn't say to them directly, and don't try people without accusing them to their face. Badmouthing people behind their backs shows a serious lack of integrity and is counterproductive. It doesn't yield any beneficial change, and it subverts both the people you are badmouthing and the environment as a whole.” PeopleLifeTryingPersonsWholeShowsFacesGrowthBehindsEnvironmentSeriousIntegrityPersonal GrowthInvestingYieldSay AnythingBeneficialAccusingCounterproductiveLack Of Integrity Author:Ray Dalio
“Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.” LooksDifficultMistakeSuccessfulSeriousInvestingAvoidingSuccessful InvestingSerious Mistakes Author:John C. Bogle