投資者
The true investor welcomes volatility... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
I believe it's essential to understand the psychology of the market and the psychology of the investor.
The true investor is in a position to take advantage of the market's recurrent and inevitable mistakes.
The investor's chief problem - and even his worst enemy - is likely to be himself.
The individual investor should act consistently as an investor and not as a speculator.
The true investor welcomes volatility... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
The investor's chief problem - and even his worst enemy - is likely to be himself.
The individual investor should act consistently as an investor and not as a speculator.
The intelligent investor is a realist who sells to optimists and buys from pessimists.
The true investor scarcely ever is forced to sell his shares, and at all other times he is free to disregard the current price quotation.
The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements.
The individual investor should act consistently as an investor and not as a speculator.
The investor's chief problem - and even his worst enemy - is likely to be himself.
The intelligent investor is a realist who sells to optimists and buys from pessimists.
The investor's chief problem—and even his worst enemy—is likely to be himself.
The investor's chief problem—and even his worst enemy—is likely to be himself.
The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists.