2. “
”
As 2016 comes to an
end, let’s look back at
some investing
wisdom...
3. “
”
The memory of the
financial community is
proverbially and
distressingly short.
Benjamin Graham
Investor
4. “
”
Investor psychology can cause a
security to be priced just about
anywhere in the short run,
regardless of its fundamentals.
Howard Marks
5. “
”
There is a complicating factor that
makes the handling of investment
mistakes more difficult. This is the
ego in each of us.
Philip Fisher
6. “
”
Successful investing is about owning
businesses and reaping the huge
rewards provided by the dividends and
earnings growth of our nation’s – and,
for that matter, the world’s –
corporations.
John Bogle
7. “
”
You get recessions, you
have stock market declines.
If you don’t understand
that’s going to happen then
you’re not ready, you won’t
do well in the markets.
Peter Lynch
8. “
”
Dividends may not be the only
path for an individual
investor’s success, but if
there’s a better one, I have
yet to find it
Josh Peters
9. “
”
Do you know the only
thing that gives me
pleasure? It’s to see my
dividends coming in.
John D.
Rockefeller
10. “
”
I believe non-dividend
stocks aren’t much more
than baseball cards. They
are worth what you can
convince someone to pay
for it.
Mark Cuban
13. “
”
The historical data support
one conclusion with unusual
force: To invest with
success, you must be a
long-term investor
John Bogle
14. “
”
There are 60,000 economists in the
U.S., many of them employed full-time
trying to forecast recessions and
interest rates, and if they could do it
successfully twice in a row, they'd all
be millionaires by now...as far as I
know, most of them are still gainfully
employed, which ought to tell us
something.
Peter Lynch
15. “
”
Many investors insist on
affixing exact values to their
investments, seeking precision
in an imprecise world, but
business value cannot be
precisely determined
Seth Klarman