“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
“As long as you've got serious investors who wish to put money into football, I applaud. It proves that football is attractive. What upsets me, what I find scandalous is when clubs accept fools.” LongWishAcceptingFootballSeriousFoolProveClubsUpsetAttractiveInvestorsScandalous Author:Sepp Blatter
“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
“We [US government] have used our taxpayer dollars not only to subsidize these banks but also to subsidize the creditors of those banks and the equity holders in those banks. We could have talked about forcing those investors to take some serious hits on their risky dealings. The idea that taxpayer dollars go in first rather than last - after the equity has been used up - is shocking.” FirstsHas BeensIdeasGovernmentLastsUsedSeriousDollarsInvestorsShockingEquityTaxpayersDealingsCreditors Author:Elizabeth Warren