Success in investing doesn't correlate with I.Q. once you're above the level of 25. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.
WARREN BUFFETT, BusinessWeek interview, Jun. 25, 1999
Sometimes your best investments are the ones you don't make.
DONALD TRUMP, The Art of the Deal
The stock market is a no-called-strike game. You don't have to swing at everything -- you can wait for your pitch. The problem when you're a money manager is that your fans keep yelling, "Swing, you bum!"
WARREN BUFFETT, The Motley Fool, Mar. 26, 2003
The only reason to invest in the market is because you think you know something others don’t.
R. FOSTER WINANS, Newsweek, Dec. 1, 1986
We teach children to save their money. As an attempt to counteract thoughtless and selfish expenditure, that has value. But it is not positive; it does not lead the child into the safe and useful avenues of self-expression or self-expenditure. To teach a child to invest and use is better than to teach him to save.
HENRY FORD, My Life and Work
The good news is, the stock market is closed and it can’t hurt us again until tomorrow.
JAY LENO, The Tonight Show, Aug. 8, 2011
Investing is important, but get debt-free first. That's what frees up your income so you can win.
DAVE RAMSEY, daily tip, official Dave Ramsey website
The views of buyers and sellers respecting future prices, never more than approximations to the truth, often diverge from it very widely. Waves of opinion, now in excess now in defect of the fact, rise and fall daily, and larger ones weekly and monthly, tending, every now and then, to run into mania or panic; for it is among men of business as among other men, that they stand hesitating until some one sets the example, and then rush all one way, like a flock of sheep after the leader. These characteristics in human nature, leading to these perturbations, the far-seeing buyer takes into account--judging how far existing influences have made opinion deviate from the truth, and how far impending influences are likely to do it.
HERBERT SPENCER, The Study of Sociology
Never invest your money in anything that eats or needs repainting.
BILLY ROSE, New York Post, Oct. 26, 1957
I made my first investment at age eleven. I was wasting my life up until then.
WARREN BUFFET, The Tao of Warren Buffet