This year, more people will use cocaine than will read a book to their children.
You must never delude yourself into thinking that you're investing when you're speculating.
Investing isn't about beating others at their game. It's about controlling yourself at your own game.
The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.
Losing some money is an inevitable part of investing, and there's nothing you can do to prevent it. But to be an intelligent investor, you must take responsibility for ensuring that you never lose most or all of your money.
A great company is not a great investment if you pay too much for the stock.
Successful investing is about managing risk, not avoiding it.
I fear it as little as to drink a cup of tea.
It is rarely remembered now that socialism in its beginnings was frankly authoritarian. It began quite openly as a reaction against the liberalism of the French Revolution. The French writers who laid its foundation had no doubt that their ideas could be put into practice only by a strong dictatorial government. The first of modern planners, Saint-Simon, predicted that those who did not obey his proposed planning boards would be 'treated as cattle'.
You can't fulfill all the expectations of everyone you know, so you might as well go ahead & disappoint them & get it over with.
FORCE, n. "Force is but might," the teacher said p "That definition's just. " The boy said naught but throught instead, Remembering his pounded head: "Force is not might but must!"