42 Of The Best Quotes On Investing
Few of us in life will get rich quick.
Despite what all the yellow Lamborghini driving influencers claim, there is no simple strategy for making serious wealth in a short time period.
The best way to grow your wealth over time is to invest.
However, for the uninitiated investing can seem a complex and risky endeavour.
The truth is that by sticking to a number of simple principles and resisting the urge to fiddle with your portfolio, you’ll do better than most investors and ensure your money isn’t eroded by inflation.
Below are some insightful quotes on the topic that hopefully inspire you to learn more.
1. “Choosing individual stocks without any idea of what you’re looking for is like running through a dynamite factory with a burning match. You may live, but you’re still an idiot.”
- Joel Greenblatt
2. "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas."
- Paul Samuelson
3. “With investing you get what you don’t pay for.”
- Peter Lazaroff
4. “The safest way to double your money is to fold it over and put it in your pocket.”
- Kin Hubbard
5. “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”
- Robert G. Allen
6. ”Making money feels good, all right; it just doesn’t feel as good as expecting to make money”.
- Jason Zweig
7. “I’d be a bum on the street with a tin cup if the markets were always efficient.”
- Warren Buffett
8. “In the initial years…compounding tests your patience and in later years, your bewilderment.”
- Anshul Khare
9. “Never invest in any idea you can’t illustrate with a crayon.”
- Peter Lynch
10. "The stock market is a device for transferring money from the impatient to the patient."
- Warren Buffett
11. “Buying funds based purely on their past performance is one of the stupidest things an investor can do.”
- John C. Bogle
12. “In investing, the person who turns over the most rocks wins the game.”
- Gautam Baid
13. “Stocks are pieces of paper with stories attached to them.”
- Martin T. Sosnoff
14. “The only function of economic forecasting is to make astrology look respectable.”
– Ezra Solomon
15. “If you choose to master it, money becomes a wonderful servant. If you don’t, it will surely master you.”
- J. L. Collins
16. "Don't look for the needle in the haystack. Just buy the haystack!"
- John Bogle
17. "A lot of people with high IQs are terrible investors because they’ve got terrible temperaments.”
- Charlie Munger
18. “Our species has an unfortunate habit of using confidence as a proxy for skill.”
- James Montier
19. “The four most dangerous words in investing are: ‘this time it’s different.”
- Sir John Templeton
20. “The elementary mathematics of compound interest is one of the most important models there is on earth.”
- Charlie Munger
21. "In stocks, it’s the only place where when things go on sale, people get unhappy. If I like a business, then it makes sense to buy more at 20 than at 30."
- Warren Buffett
22. “The stock market is a giant distraction from the business of investing.”
- John C. Bogle
23. “It is impossible to produce superior performance unless you do something different from the majority.”
- Sir John Templeton
24. “As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very easy and safe and that you're a financial genius.”
- Ron Chernow
25. "If your pipes leak, you should call a plumber. Most professions add value beyond what the average person can do for themselves. But in aggregate, the investment profession does not do this – despite $140 billion in total annual compensation."
- Warren Buffett
26. “In the financial markets, people often sabotage their portfolios out of sheer boredom.”
- Christopher W. Mayer
27. “Just as many smart people fail in the investment business as stupid ones. Intellectually active people are particularly attracted to elegant concepts, which can have the effect of distracting them from simpler, more fundamental truths.”
- Peter Cundill
28. “In the short run, the stock market is a voting machine; in the long run it is a weighing machine.”
- Benjamin Graham
29. “Lethargy bordering on sloth remains the cornerstone of our investment style.”
- Warren Buffett
30. “Doubt is not a pleasant condition, but certainty is absurd.”
- Voltaire
31. “Investing without research is like playing stud poker and never looking at the cards.”
- Peter Lynch
32. “An investor without discipline is not an investor—he’s a gambler.”
- Ryan Holiday
33. “It’s not the things you buy and sell that make you money; it’s the things you hold.”
- Howard Marks
34. “The investor’s chief problem - and even his worst enemy - is likely to be himself.”
- Benjamin Graham
35. “Most investors would be better off in an index fund.”
- Peter Lynch
36. “When you invest, you are buying a day, you don’t have to work.”
- Aya Laraya
37. “Owning stocks is risky in the short term. Not owning stocks is risky in the long term.”
- D.Muthukrishnan
38. “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't, pays it.”
- Albert Einstein (attributed to)
39. “Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.”
- Sam Ewing
40. “A blindfolded monkey throwing darts at a newspaper’s financial pages could select a portfolio that would do just as well as one carefully selected by experts.”
- Burton Malkiel
41. “A stockbroker is someone who invests your money until it’s all gone!”
- Woody Allen
42. “99% of good investing is doing nothing”.
- Brian Feroldi
If you enjoyed the above quips, you’ll love our Behavioural Investing course, launching soon.
In the capable hands of Dr Greg B Davies and other investment professionals, you’ll learn how psychology and behavioural biases shape your financial decisions (often leading to costly mistakes) and how to manage them effectively to achieve the best investment outcomes.
Don’t delay, pre-register today!