[Home] [Words of Wisdom]

'Risk comes from not knowing what you are doing.' 

                                                                                                       - Warren Buffett

'I have an edge because a lot of people I compete with are not looking for reasons to buy.  They are looking for reasons not to buy.' 
                                                                                                                                                                                                                                                     - Peter Lynch

'Everybody remembers the dark side of 1987 crash, but they tend to forget what a great buying opportunity it was.'
                                                                                                                                                                                                                                                     - Graham Cooper

'One of the safest times to invest is when the news is awful and markets are depressed: the time of Deepest Gloom.'
                                                                                                                                                                                                                                                    - John Train

'By being very selective, you increase your chances of picking superior performers.  You can also watch those stocks much more carefully, which is important in controlling risk.' 
                                                                                                                                                                                                                                                     - William O'Neil

'An investor cannot earn superior profits from stocks simply by committing to a specific category or style.  He can earn them only by carefully evaluating facts and continuously exercising discipline' 
                                                                                                                                                                                                                                                     - Warren Buffett

'How quickly investors flock to better-performing mutual funds, even though financial researchers have shown that the 'hot funds' in one time period very often turn out to be the poorest performers in another.' 
                                                                                                                                                                                                                                                      - David Dreman

'I believe it is critical not to be part of the herd when investing in financial markets.  Just because most investors are moving in a particular direction doesn't make it the best direction.  In fact, often it has meant the opposite.' 
                                                                                                                                                                                                                                                      - Jeffrey Vinik

'The fact that other people agree or disagree with you makes you neither right or wrong.  You will be right if your facts and reasoning are correct.' 
                                                                                                                                                                                                                                                      - Benjamin Graham

'Remember that downturns do not last forever...' 
                                                                                                        - John Train

'An investor's worst enemy is not the stock market but one's self' 
                                                                                                        - Benjamin Graham

'The investor, unlike the speculator, does not have to worry too much about the short term' 
                                                                                                        - John Train

'To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insight, or inside information.  What's needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework.' 
                                                                                                                                                                                                                                                      - Warren Buffett