If, say, all of your money is in one bank, one brokerage, one country, one currency, one asset class, or one fund, you may be playing with a loaded gun. With luck, you can get away with anything in the short term. With time, the odds rise that your vulnerability will be exposed by unforeseen events.
– from Richer, Wiser, Happier book by William Green
Tag: Quotes on Investing
The great irony of investing is …
The great irony of investing is that the more you watch and fiddle with your holdings the less well you are likely to do. Fill your basket, add as much as you can along the way and ignore it the rest of the time. You’ll likely wake up rich.
– from The Simple Path to Wealth book by J. L. Collins
Investing without research is like playing …
Investing without research is like playing stud poker and never looking at the cards.
– from One Up on Wall Street book by Peter Lynch
We at Nalanda love stable, predictable …
We at Nalanda love stable, predictable, boring industries. Give us electric fans over electric vehicles, boilers over biotech, sanitaryware over semiconductors, and enzymes over e-commerce. We like industries in which the winners and losers have been largely sorted out and the rules of the game are apparent to everyone. For everything else, thanks, but no thanks.
– from What I Learned About Investing from Darwin book by Pulak Prasad
All other things being equal, simplicity …
All other things being equal, simplicity beats complexity every time. A portfolio of passive low-cost indexes should make up the core of your holdings. If you want to do something more complicated, you need a compelling reason.
– from How Not to Invest book by Barry Ritholtz
The three most important words in …
The three most important words in investing are, “I don’t know.” Not saying those three words has cost investors billions.
– from How Not to Invest book by Barry Ritholtz