Mug

"What do I care about the law? Ain't I got the power?" — Cornelius Vanderbilt "You have undertaken to cheat me. I won't sue you, for the law is too slow. I'll ruin you." — Cornelius Vanderbilt "I have been insane on the subject of moneymaking all my life." — Cornelius Vanderbilt "Never tell anyone what you are going to do till you have done it." — Cornelius Vanderbilt "He that sells what isn't his'n, must buy it back or go to pris'n." — Daniel Drew "Anybody who plays the stock market not as an insider is like a man buying cows in the moonlight." — Daniel Drew "The whole street is a losing game. It is only the insiders that make money." — Daniel Drew "There is nothing so patient as money, and nothing so impatient as the man who wants it." — Daniel Drew "There is no great secret in fortune making. All you do is buy cheap and sell dear." — Hetty Green "A good bargain is always worth waiting for." — Hetty Green "I buy when things are low and nobody wants them. I keep them until they go up and people are crazy to get the…" — Hetty Green "Before deciding on an investment, I seek out every kind of information about it." — Hetty Green "I am not a hard woman but I don't like to lose money." — Hetty Green "The first step towards getting somewhere is to decide you're not going to stay where you are." — J.P. Morgan "A man always has two reasons for doing anything: a good reason and the real reason." — J.P. Morgan "Go as far as you can see; when you get there, you'll be able to see further." — J.P. Morgan "I don't want a lawyer to tell me what I cannot do. I hire him to tell me how to do what I want to do." — J.P. Morgan "Money equals business which equals power, all of which come from character and trust." — J.P. Morgan "I can hire one half of the working class to kill the other half." — Jay Gould "The man who is a bear on the future of the United States will always go broke." — Jay Gould "I never speculate. I see a sure thing and I go for it." — Jay Gould "Put all your eggs in one basket and then watch that basket." — Jay Gould "Buy when there is blood in the streets, even if the blood is your own." — Nathan Mayer Rothschild "It requires a great deal of boldness and a great deal of caution to make a great fortune." — Nathan Mayer Rothschild "I never buy at the bottom and I always sell too soon." — Nathan Mayer Rothschild "Who wants to be a millionaire? I do not. I just want to live like one." — Nathan Mayer Rothschild "The intelligent investor is a realist who sells to optimists and buys from pessimists." — Benjamin Graham "In the short run, the market is a voting machine but in the long run, it is a weighing machine." — Benjamin Graham "The investor's chief problem — and even his worst enemy — is likely to be himself." — Benjamin Graham "Have the courage of your knowledge and experience. If you have formed a conclusion from the facts and if you …" — Benjamin Graham "The essence of investment management is the management of risks, not the management of returns." — Benjamin Graham "Buy not on optimism, but on arithmetic." — Benjamin Graham "To achieve satisfactory investment results is easier than most people realize; to achieve superior results is…" — Benjamin Graham "The main purpose of the stock market is to make fools of as many men as possible." — Bernard Baruch "Don't try to buy at the bottom and sell at the top. It can't be done except by liars." — Bernard Baruch "Nobody ever lost money taking a profit." — Bernard Baruch "Whatever failures I have known, whatever errors I have committed, have been the consequence of action without…" — Bernard Baruch "Do not blame anybody for your mistakes and failures." — Bernard Baruch "The market is always there. It was there yesterday, it will be there tomorrow." — Charles Dow "Pride of opinion has been responsible for the downfall of more men on Wall Street than any other factor." — Charles Dow "A person watching the tide coming in can determine the spot which marks the high tide." — Charles Dow "To know values is to know the meaning of the market." — Charles Dow "There is nothing new in Wall Street. There can't be because speculation is as old as the hills." — Jesse Livermore "The market does not beat them. They beat themselves." — Jesse Livermore "It never was my thinking that made the big money for me. It always was my sitting." — Jesse Livermore "A loss never bothers me after I take it. I forget it overnight." — Jesse Livermore "The game of speculation is the most uniformly fascinating game in the world." — Jesse Livermore "Play the market only when all factors are in your favor." — Jesse Livermore "Money is made by sitting, not trading." — Jesse Livermore "The market is never wrong — opinions often are." — Jesse Livermore "When the shoeshine boys talk stocks, it's time to sell." — Joseph P. Kennedy Sr. "Only a fool holds out for the top dollar." — Joseph P. Kennedy Sr. "It's not about how much money you make, but how much money you keep." — Joseph P. Kennedy Sr. "In this business, if you're good, you're right six times out of ten." — Joseph P. Kennedy Sr. "The market is like a wheel. It always comes back to where it started." — Richard Wyckoff "Successful tape reading is a study of force. It requires ability to judge which side has the greatest pulling…" — Richard Wyckoff "The real motive behind most transactions on the stock exchange is not investment but speculation." — Richard Wyckoff "Wall Street has its seasons just like the calendar year. Study them and profit." — Richard Wyckoff "Time is the most important factor in determining market movements." — W.D. Gann "Every movement in the market is the result of a natural law and of a cause which exists long before the effec…" — W.D. Gann "When time is up, the trend changes." — W.D. Gann "The future is but a repetition of the past." — W.D. Gann "Knowledge is the greatest of all assets. It is more valuable than money." — W.D. Gann "The big money is not in the buying and selling, but in the waiting." — Charlie Munger "Invert, always invert." — Charlie Munger "It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stu…" — Charlie Munger "Spend each day trying to be a little wiser than you were when you woke up." — Charlie Munger "The world is not driven by greed. It's driven by envy." — Charlie Munger "Knowing what you don't know is more useful than being brilliant." — Charlie Munger "All I want to know is where I'm going to die, so I'll never go there." — Charlie Munger "Take a simple idea and take it seriously." — Charlie Munger "The most important single factor in shaping security markets is public psychology." — Gerald Loeb "Accepting losses is the most important single investment device to ensure safety of capital." — Gerald Loeb "The desire for constant action irrespective of conditions is responsible for many losses." — Gerald Loeb "There is no such thing as a final answer to security values." — Gerald Loeb "Knowledge born from actual experience is the answer to why one profits." — Gerald Loeb "Don't look for the needle in the haystack. Just buy the haystack." — John Bogle "Time is your friend; impulse is your enemy." — John Bogle "The stock market is a giant distraction to the business of investing." — John Bogle "If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks." — John Bogle "The miracle of compounding returns is overwhelmed by the tyranny of compounding costs." — John Bogle "The four most dangerous words in investing are: 'This time it's different.'" — John Templeton "Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria." — John Templeton "If you want to have a better performance than the crowd, you must do things differently from the crowd." — John Templeton "The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to s…" — John Templeton "An investor who has all the answers doesn't even understand the questions." — John Templeton "The stock market is filled with individuals who know the price of everything, but the value of nothing." — Philip Fisher "I don't want a lot of good investments; I want a few outstanding ones." — Philip Fisher "The best time to sell a stock is almost never." — Philip Fisher "Conservative investors sleep well." — Philip Fisher "Don't fall in love with stocks. Keep your emotions out of it." — Roy Neuberger "I've made my best investments when I went against the crowd." — Roy Neuberger "Recognize your mistakes early and take action immediately." — Roy Neuberger "The secret of success in the market is discipline and patience." — Roy Neuberger "The growth stock theory of investing requires patience, but is less stressful than trading." — T. Rowe Price "Change is the investor's only certainty." — T. Rowe Price "It is better to be early than late in recognizing the passing of one era and the arrival of another." — T. Rowe Price "No one can see ahead three years, let alone five or ten." — T. Rowe Price "Be fearful when others are greedy, and greedy when others are fearful." — Warren Buffett "The stock market is a device for transferring money from the impatient to the patient." — Warren Buffett "Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1." — Warren Buffett "Price is what you pay. Value is what you get." — Warren Buffett "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." — Warren Buffett "Our favorite holding period is forever." — Warren Buffett "Only when the tide goes out do you discover who's been swimming naked." — Warren Buffett "Risk comes from not knowing what you're doing." — Warren Buffett "The most important investment you can make is in yourself." — Warren Buffett "Someone's sitting in the shade today because someone planted a tree a long time ago." — Warren Buffett "Do you really like a particular stock? Put 10% or so of your portfolio in it. Make the idea count." — Bill Gross "The game of investing is one of making better predictions about the future than other people." — Bill Gross "Finding the best person or the best organization to invest your money is one of the most important financial …" — Bill Gross "Markets invariably move to undervalued and overvalued extremes because human nature falls victim to greed and…" — Bill Gross "In life and business, there are two cardinal sins. The first is to act precipitously without thought and the …" — Carl Icahn "Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity." — Carl Icahn "Don't confuse luck with skill when judging others, and especially when judging yourself." — Carl Icahn "When nobody wants something, that creates an opportunity." — Carl Icahn "Win or lose, everybody gets what they want out of the market." — Ed Seykota "The elements of good trading are: cutting losses, cutting losses, and cutting losses." — Ed Seykota "There are old traders and there are bold traders, but there are very few old, bold traders." — Ed Seykota "The trading rules I live by are: cut losses, ride winners, keep bets small, follow the rules without question…" — Ed Seykota "If you can't take a small loss, sooner or later you will take the mother of all losses." — Ed Seykota "It's not whether you're right or wrong that's important, but how much money you make when you're right and ho…" — George Soros "The financial markets generally are unpredictable. So that one has to have different scenarios." — George Soros "I'm only rich because I know when I'm wrong." — George Soros "Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and b…" — George Soros "If investing is entertaining, if you're having fun, you're probably not making any money." — George Soros "The worse a situation becomes, the less it takes to turn it around, the bigger the upside." — George Soros "If everybody else is doing it, I don't want to do it." — Jim Rogers "I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up." — Jim Rogers "The way of the future is to learn more about what you invest in." — Jim Rogers "Buy panic, sell euphoria." — Jim Rogers "Invest in the best companies and short the worst." — Julian Robertson "The key to Tiger's success is a constant, relentless search for information and ideas." — Julian Robertson "Our mandate is to find the 200 best companies in the world and invest in them, and find the 200 worst compani…" — Julian Robertson "Analytical skills and horse sense are far more important than being a rocket scientist." — Julian Robertson "The hardest thing over the years has been having the courage to go against the dominant wisdom of the time." — Michael Steinhardt "I defined variant perception as holding a well-founded view that was meaningfully different from the market c…" — Michael Steinhardt "Good investing is really just good thinking. And good thinking is hard." — Michael Steinhardt "Make all your mistakes early in life. The more tough lessons early on, the fewer errors you make later." — Michael Steinhardt "The greatest traders are not afraid to be wrong. They are afraid of staying wrong." — Michael Steinhardt "The secret to being successful from a trading perspective is to have an indefatigable and an undying and unqu…" — Paul Tudor Jones "Don't focus on making money; focus on protecting what you have." — Paul Tudor Jones "Losers average losers." — Paul Tudor Jones "Where you want to be is always in control, never wishing, always trading, and always first and foremost prote…" — Paul Tudor Jones "I believe the very best money is made at the market turns." — Paul Tudor Jones "Know what you own, and know why you own it." — Peter Lynch "The person that turns over the most rocks wins the game." — Peter Lynch "Go for a business that any idiot can run — because sooner or later, any idiot probably is going to run it." — Peter Lynch "In this business, if you're good, you're right six times out of ten." — Peter Lynch "Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, tha…" — Peter Lynch "Invest in what you know." — Peter Lynch "The key to making money in stocks is not to get scared out of them." — Peter Lynch "Behind every stock is a company. Find out what it's doing." — Peter Lynch "He who lives by the crystal ball will eat shattered glass." — Ray Dalio "Pain plus reflection equals progress." — Ray Dalio "The biggest mistake investors make is to believe that what happened in the recent past is likely to persist." — Ray Dalio "Don't let noise drown out the signal." — Ray Dalio "Diversifying well is the most important thing you need to do in order to invest well." — Ray Dalio "If you're not failing, you're not pushing your limits, and if you're not pushing your limits, you're not maxi…" — Ray Dalio "It's not whether you're right or wrong, it's how much you make when you're right and how much you lose when y…" — Stanley Druckenmiller "The way to build long-term returns is through preservation of capital and home runs." — Stanley Druckenmiller "I've learned many things from George Soros, but perhaps the most significant is that it's not whether you're …" — Stanley Druckenmiller "Soros has taught me that when you have tremendous conviction on a trade, you have to go for the jugular." — Stanley Druckenmiller "Innovation solves problems. That is why we invest in it." — Cathie Wood "We believe innovation is key to growth, and we invest in companies that are leading the way." — Cathie Wood "We are in the largest technological transformation in history." — Cathie Wood "Our research suggests that disruptive innovation is dramatically undervalued today." — Cathie Wood "The key to investing is to be fearless at the right time." — David Tepper "I am the animal at the head of the pack. I either get eaten or I get the good grass." — David Tepper "This company looks cheap, that company looks cheap, but the overall economy could completely screw it up." — David Tepper "The people who know nothing are getting closer to the truth than the people who are filling their minds with …" — David Tepper "The most important thing is being attentive to cycles." — Howard Marks "Experience is what you got when you didn't get what you wanted." — Howard Marks "You can't predict. You can prepare." — Howard Marks "Being too far ahead of your time is indistinguishable from being wrong." — Howard Marks "Risk means more things can happen than will happen." — Howard Marks "We search through historical data looking for anomalous patterns that we would not expect to occur at random." — Jim Simons "Certain price patterns are nonrandom and will lead to a predictive effect." — Jim Simons "Past performance is the best predictor of success." — Jim Simons "I wasn't the best mathematician in the world. It was never easy for me. But I found I could always hire peopl…" — Jim Simons "Luck plays a meaningful role in everyone's lives. But over time, skill dominates." — Jim Simons "In the world of finance, the most important thing is risk management." — Ken Griffin "Markets are ultimately driven by the laws of supply and demand." — Ken Griffin "Post-trade transparency is a good thing. It helps investors understand the market." — Ken Griffin "To be a great investor, you have to be intellectually curious and always willing to learn." — Ken Griffin "It doesn't matter how many times you fail. You only have to be right once." — Mark Cuban "Sweat equity is the most valuable equity there is." — Mark Cuban "Every no gets me closer to a yes." — Mark Cuban "Work like there is someone working 24 hours a day to take it all away from you." — Mark Cuban "The three most harmful addictions are heroin, carbohydrates, and a monthly salary." — Nassim Nicholas Taleb "Wind extinguishes a candle and energizes fire. You want to be the fire and wish for the wind." — Nassim Nicholas Taleb "The market can stay irrational longer than you can stay solvent." — Nassim Nicholas Taleb "Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifr…" — Nassim Nicholas Taleb "Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have in their portfo…" — Nassim Nicholas Taleb "The person who didn't spend money didn't have it." — Nassim Nicholas Taleb "The stock market is the story of cycles and of the human behavior that is responsible for overreactions in bo…" — Seth Klarman "Value investing is at its core the marriage of a contrarian streak and a calculator." — Seth Klarman "Investors should always keep in mind that the most important metric is not the returns achieved but the retur…" — Seth Klarman "Most investors are primarily oriented toward return, how much they can make and pay little attention to risk,…" — Seth Klarman