When Comical Investors Attack

Calendar November 30, 2007 | Posted by Jorge

I came across some investment quotes while I was killing time at home/work today. Who ever said the best investors don’t have a sense of humor?

  • Wall Street people learn nothing and forget everything. – Benjamin Graham
  • Wide diversification is only required when investors do not understand what they are doing. – Warren Buffett
  • The four most dangerous words in investing are ‘This time it’s different.’ – Sir John Templeton
  • What’s the quickest way to become a millionaire? Borrow fivers off everyone you meet. – Richard Branson
  • You learn in this business: It you want a friend, get a dog. – Carl Icahn
  • Well, you know, I was a human being before I became a businessman. – George Soros
  • The stock market is filled with individuals who know the price of everything, but the value of nothing. – Philip Fisher

And finally, if you’re in the market and you don’t have this mantra memorized, you’re probably not doing very well:

  • Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. – Warren Buffett

Category Categories: Miscellaneous | Tag Tags: | Comments Comments

  • Warren Buffet has some of the best quotes out there, and some pretty solid wisdom to back it up. The rule about never losing money - great rule, but hard to stick to all the time if you're betting in the short run.
  • I love the comment by Richard Branson, that's priceless wisdom.
  • I love the Branson quote. Seems to be a fairly down to earth fellow from what I've seen. His interview on The Colbert Report was priceless.
  • Yeah it is. His diversification saying really hits home though. So many folks claim diversification is the best method to manage risk in your portfolio, but I figure some common sense could be a bit more beneficial. Only someone not in tune with the markets right now would have money invested in the financial sector, for example (although it looks as if they may be bottoming... next week should be interesting).
  • Jorge, about the financial sector - If you read the quote by Philip Fisher, you can see that price is not everything. besides, when you talk about Ben Graham or Warren Buffett, value investing has to be around somewhere. And financials is where the value is right now. Most of them are trading below value, which is also why ADIA agreed to invest $7.5 billion in Citigroup.
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