The three most important words in investing are, “I don’t know.” Not saying those three words has cost investors billions.
– from How Not to Invest book by Barry Ritholtz
Tag: Quotes on Investing
If it looks too good to …
If it looks too good to be true, it is. There is no free lunch. Not ever.
– from The Simple Path to Wealth book by J. L. Collins
If, say, all of your money …
If, say, all of your money is in one bank, one brokerage, one country, one currency, one asset class, or one fund, you may be playing with a loaded gun. With luck, you can get away with anything in the short term. With time, the odds rise that your vulnerability will be exposed by unforeseen events.
– from Richer, Wiser, Happier book by William Green
In this complex, unknowable, and uncertain …
In this complex, unknowable, and uncertain world, we are not trying to make the best investments since we are in the dark about most things. We don’t know what the best investment would be. Instead, we are simply trying to invest well. These are very different ways of investing and lead to radically different investment models. Our model – that of investing well – tries to achieve just one objective amid uncertainty: increase the predictive accuracy of our investments.
– from What I Learned About Investing from Darwin book by Pulak Prasad
The great irony of investing is …
The great irony of investing is that the more you watch and fiddle with your holdings the less well you are likely to do. Fill your basket, add as much as you can along the way and ignore it the rest of the time. You’ll likely wake up rich.
– from The Simple Path to Wealth book by J. L. Collins
All other things being equal, simplicity …
All other things being equal, simplicity beats complexity every time. A portfolio of passive low-cost indexes should make up the core of your holdings. If you want to do something more complicated, you need a compelling reason.
– from How Not to Invest book by Barry Ritholtz
We at Nalanda love stable, predictable …
We at Nalanda love stable, predictable, boring industries. Give us electric fans over electric vehicles, boilers over biotech, sanitaryware over semiconductors, and enzymes over e-commerce. We like industries in which the winners and losers have been largely sorted out and the rules of the game are apparent to everyone. For everything else, thanks, but no thanks.
– from What I Learned About Investing from Darwin book by Pulak Prasad
The reality is that real investors …
The reality is that real investors do not park their money. They move their money. […]. A true investor’s money is always moving, acquiring new assets, and then moving on to acquire even more assets. Only amateurs park their money.
– from Rich Dad’s CASHFLOW Quadrant book by Robert Kiyosaki
Investing without research is like playing …
Investing without research is like playing stud poker and never looking at the cards.
– from One Up on Wall Street book by Peter Lynch