My favourite finance and investing quotes – Part 1
Although I’m not a prolific personal finance reader by any means, like some of my online friends such as Andrew Hallam I’ve read enough of finance books and articles in recent years (and will continue to do so) to make note of some memorable quotes from many authors. I’ve listed some of my favourite finance and investing quotes to date below.
At the end of this post I encourage you to comment to add your favourite finance or investing quotes and grow the list. Maybe you’ve created your own memorable quote – I’d like to hear that too. There are many creative bloggers out there and maybe you have a gem of your own others should hear?!
I hope you find the quotes insightful, truthful, creative or entertaining. Here’s my initial list of favourites in no particular order. Enjoy!
Before you can really start setting financial goals, you need to determine where you stand financially – David Bach.
A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life – Suze Orman.
Many a small thing has been made large by the right kind of advertising – Mark Twain.
Our favourite holding period is forever – Warren Buffett.
Risk comes from not knowing what you’re doing –Warren Buffett.
We (at Berkshire Hathaway) simply attempt to be fearful when others are greedy and to be greedy only when others are fearful – Warren Buffett.
Only buy something that you’d be perfectly happy to hold if the market shut down for ten years – Warren Buffett.
Spend at least as much time researching a stock as you would choosing a refrigerator – Peter Lynch.
Never invest in any idea you can’t illustrate with a crayon – Peter Lynch.
The key to making money in stocks is not to get scared out of them – Peter Lynch.
You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets – Peter Lynch.
Stocks are a safe bet, but only if you stay invested long enough to ride out the corrections – Peter Lynch.
An investment in knowledge always pays the best interest – Benjamin Franklin.
You make most of your money in a bear market you just don’t realize it at the time – Shelby Davis.
It’s not your salary that makes you rich, it’s your spending habits – Charles A. Jaffe.
An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today – Laurence J. Peter.
Money is like manure. You have to spread it around or it smells – J. Paul Getty.
You could probably expand this list!
My favorite is still Connolly’s:
If a company does not pay a dividend, don’t buy it. If it doesn’t grow its dividend don’t buy it either!
Tom is a very bright guy.