16 Famous Quotes From Great Investors That You Can Still Rely On Today

I love reading trading books and learning from some of the great investors and traders. My personal preference is to learn from the “Old Guys” like Livermore,Buffett, Lynch and Graham. These guys laid the foundation for modern investing. They didn’t trade on technicals and always offer great insight.

1. “The first rule is not to lose. The second rule is not to forget the first rule.”

2. “Risk comes from not knowing what you’re doing.”

3. “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful” – Warren Buffett

4. “Amateurs want to be right. Professionals want to make money.”- Anon

5. “If you want to have a better performance than the crowd, you must do things differently from the crowd.”- Sir John Templeton

6. “The four most dangerous words in investing are ‘This time it’s different’.”- Sir John Templeton

7. “If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.”- Warren Buffet

8. “I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”- Warren Buffett

9. “In the business world, the rearview mirror is always clearer than the windshield.”- Warren Buffett
10. “Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.”- George Soros

11. "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." George Soros

12. “Go for a business that any idiot can run – because sooner or later, any idiot probably is going to run it.”- Peter Lynch

13. “In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.”- Peter Lynch

14. “Wall Street people learn nothing and forget everything.”- Benjamin Graham

15. “Time is your friend; impulse is your enemy.”- Jack Bogle

16. “What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.”- William O’Neil

Read more:

• PAUL TUDOR JONES: The next recession will be ‘frightening’
• Jim Rogers about the bubbles, emerging markets, Asia and something else
• Linda Raschke on Twitter: “So nice when someone sums up timeless guidelines with such a well organized layout”
• Ray Dalio: “The World Has Gone Mad and the System Is Broken.”
• Bill Gross: Cheap is not always cheerful in value investing