2. Famous Personalities of Investment
Market
Investment
Warren
Buffett
Peter
Lynch
Seth
Klarman
Benjamin
Graham
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3. Warren Buffett
“Price is what you pay. Value is what you get.”
“Rule No.1: Never lose money. Rule No.2: Never
forget rule No.1.”
“Only buy something that you’d be perfectly happy
to hold if the market shut down for 10 years.”
“We simply attempt to be fearful when others are
greedy and to be greedy only when others are
fearful.”
“Risk comes from not knowing what you’re doing.”
“Cash combined with courage in a time of crisis is
priceless.”
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4. Peter Lynch
“Behind every stock is a company. Find out what
it’s doing.”
“Know what you own, and know why you own it.”
“If you don’t study any companies, you have the
same success buying stocks as you do in a
poker game if you bet without looking at your
cards.”
“Go for a business that any idiot can run –
because sooner or later, any idiot probably is
going to run it.”
“Although it’s easy to forget sometimes, a share
is not a lottery ticket… it’s part-ownership of a
business.
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5. Seth Klarman
“While it might seem that anyone can be a value
investor, the essential characteristics of this type
of investor-patience, discipline, and risk aversion-
may well be genetically determined.”
“The stock market is the story of cycles and of
the human behavior that is responsible for
overreactions in both directions.”
“Generally, the greater the stigma or revulsion,
the better the bargain.”
“Investing is the intersection of economics and
psychology.”
“Value investing is at its core the marriage of a
contrarian streak and a calculator.”
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6. Benjamin Graham
“The individual investor should act consistently
as an investor and not as a speculator.”
“If you are shopping for common stocks, choose
them the way you would buy groceries, not the
way you would buy perfume.”
“Confronted with a challenge to distill the secret
of sound investment into three words, we
venture the motto, Margin of Safety.”
“In the short run, the market is a voting machine,
but in the long run it is a weighing machine.”
“Buy not on optimism, but on arithmetic.”
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