10 Legendary Quotes for Investment Professionals

” The stock market is filled with individuals who know the price of everything, but the value of nothing “

” I often remind our analysts that 100% of the information you have about a company represents the past, and 100% of a stock’s valuation depends on the future “

” They (stockbrokers, financial analysts, investment advisers) tend to take the market and themselves too seriously. They spend a large part of their time trying, valiantly and ineffectively, to do things they can’t do well “

” It is not whether you are right or wrong that is important, but how much money you make when you are right and how much you lose when you are wrong “

” It is often easier to tell what will happen to the price of a stock than how much time will elapse before it happens “

” When somebody asserts that a stock has an earning power of so much, I am sure that the person who hears him doesn’t know what he means, and there is a good chance that the man who uses it doesn’t know what it means “

” If you don’t have integrity, you have nothing. You can’t buy it. You can have all the money in the world, but if you are not a moral and ethical person, you really have nothing “

” A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting “

” None of us likes to admit to himself that he has been wrong “

” There is only one side of the market and it is not the bull side or the bear side, but the right side “