Thoughts on Investments

German-born theoretical physicist

The investor’s chief problem—and his worst enemy—is likely to be himself. In the end, how your investments behave is much less important than how you behave.

—Benjamin Graham

American economist

The function of economic forecasting is to make astrology look respectable.

—John Kenneth Galbraith

Canadian-American economist

Waiting helps you as an investor and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.

—Charlie Munger

American investor & businessman

In investing, what is comfortable is rarely profitable.

—Robert Arnott

American businessman

Know what you own, and know why you own it.

—Peter Lynch

American investor

You make most of your money in a bear market, you just don’t realise it at the time.

—Shelby Cullom Davis

American businessman

Rapidly changing industries are the enemy of the investor.

—Mohnish Pabrai

Indian-American investor

The stock market is filled with individuals who know the price of everything, but the value of nothing.

—Philip Fisher

American investor

To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game.

—Robert Kiyosaki

American businessman & author

Invest for the long haul. Don’t get too greedy and don’t get too scared.

—Shelby MC Davis

American investor & philanthropist