Famous Investing Mantras / Quotes of the legendary investor...if we could use them...
1. Invest in businesses, not in stocks.
2. Only buy businesses that you understand.
3. Buy companies with defensible franchise.
4. Hold for the long term.
5. Ignore short-term price fluctuations.
6. Buy good businesses when prices are down.
7. Do not actively trade.
8. Do not over-diversify.
9. Invest only when there's margin of safety.
10. Don’t save what is left after spending; spend what is left after saving.
11. Chains of habit are too light to be felt until they are too heavy to be broken.
12. If you buy things you don’t need, you will soon sell things you need.
13. Someone is sitting in the shade today because someone planted a tree a long time ago.
14. Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted in patching leaks.
15. Risk comes from not knowing what you’re doing.
16. No matter how great the talent or efforts, some things just take time; you can’t produce a baby in one month by getting nine women pregnant.
17. The business schools reward difficult complex behaviour more than simple behaviour, but simple behaviour is more effective.
18. The fact that people will be full of greed, fear or folly is predictable; the sequence is not predictable.
19. Buy with great care, and hold for a long, long time.
20. If a business does well, the stock eventually follows.
21. Only buy something that you would be perfectly happy to hold if the market shuts down for 10 years.
1. Invest in businesses, not in stocks.
2. Only buy businesses that you understand.
3. Buy companies with defensible franchise.
4. Hold for the long term.
5. Ignore short-term price fluctuations.
6. Buy good businesses when prices are down.
7. Do not actively trade.
8. Do not over-diversify.
9. Invest only when there's margin of safety.
10. Don’t save what is left after spending; spend what is left after saving.
11. Chains of habit are too light to be felt until they are too heavy to be broken.
12. If you buy things you don’t need, you will soon sell things you need.
13. Someone is sitting in the shade today because someone planted a tree a long time ago.
14. Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted in patching leaks.
15. Risk comes from not knowing what you’re doing.
16. No matter how great the talent or efforts, some things just take time; you can’t produce a baby in one month by getting nine women pregnant.
17. The business schools reward difficult complex behaviour more than simple behaviour, but simple behaviour is more effective.
18. The fact that people will be full of greed, fear or folly is predictable; the sequence is not predictable.
19. Buy with great care, and hold for a long, long time.
20. If a business does well, the stock eventually follows.
21. Only buy something that you would be perfectly happy to hold if the market shuts down for 10 years.