Financial Wisdom Quotes

"The most important quality for an investor is temperament, not intellect" "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful" "Too many people spend money they haven't earned, to buy things they don't want, to impress people they don't like." "There are people who have money and people who are rich." "Legacy is greater than currency." "The big money is not in the buying and selling, but in the waiting" "Seek wealth, not money or status" "Don't try to buy at the bottom and sell at the top. It can't be done except by liars." "Nobody ever lost money taking a profit." "The main purpose of the stock market is to make fools of as many men as possible." "Price is what you pay. Value is what you get" "The rich invest in time, the poor invest in money" "The more you know, the more you’ll earn" "I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years" "The true investor welcomes volatility" "Diversification is protection against ignorance. It makes little sense if you know what you are doing" "Time is the friend of the wonderful company, the enemy of the mediocre" "Our favorite holding period is forever" "The stock market is designed to transfer money from the Active to the Patient" "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1"