Famous Quotes

John (Jack) Bogle

Time is your friend; impulse is your enemy.

If you have trouble imaging a 20% loss in the stock market, you shouldn't be in stocks.

"When reward is at its pinnacle, risk is near at hand

Warren Buffet

Rule No.1 is never lose money. Rule No.2 is never forget rule number one.

Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.

All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.

Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it.

If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.

David Dreman

Psychology is probably the most important factor in the market – and one that is least understood."

I paraphrase Lord Rothschild: ‘The time to buy is when there's blood on the streets.

One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks.

If you have good stocks and you really know them, you'll make money if you're patient over three years or more