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30 Useful Quotes For Intelligent Investors and Speculators

There are literally thousands of quotes from various respected individuals related to business, investment and speculation. However, we idealistically have identified the top 30 eclectic and timeless quotes that we feel are the most important overall:

  • "Rule No.1 is never lose money. Rule No.2 is never forget rule number one." ~ Warren Buffett
  • "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently." ~ Warren Buffett
  • "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." ~ Warren Buffett
  • "Wall Street people learn nothing and forget everything." ~ Benjamin Graham
  • "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros
  • "Finding the best person or the best organization to invest your money is one of the most important financial decisions you'll ever make." ~ Bill Gross
  • "Time is your friend; impulse is your enemy." ~ John (Jack) Bogle
  • "We are intensely focused on not letting our emotions and fears overcome our logic and reasoning. " ~ Robert Rodriguez
  • "You need to have a passionate interest in why things are happening. That cast of mind, kept over long periods, gradually improves your ability to focus on reality. If you don’t have the cast of mind, you’re destined for failure even if you have a high I.Q." ~ Charles Munger
  • "We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side." ~ Charles Munger
  • "He who learns but does not think, is lost! He who thinks but does not learn is in great danger." ~ Confucius
  • "By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest." ~ Confucius
  • "I hear and I forget. I see and I remember. I do and I understand." ~ Confucius
  • "All that we are is the result of what we have thought. The mind is everything. What we think we become." ~ Buddha
  • "Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment." ~ Buddha
  • "He that loveth pleasure shall be a poor man; he that loveth wine and oil shall not be rich." ~ Proverbs 21:17
  • "If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success." ~ John D. Rockefeller
  • "Probable impossibilities are to be preferred to improbable possibilities." ~ Aristotle
  • "The aim of the wise is not to secure pleasure, but to avoid pain." ~ Aristotle
  • "Don't try to buy at the bottom and sell at the top. It can't be done except by liars." ~ Bernard Baruch
  • "A speculator is a man who observes the future, and acts before it occurs." ~ Bernard Baruch
  • "Successful investing is anticipating the anticipations of others." ~ John Maynard Keynes
  • "The difficulty lies not so much in developing new ideas as in escaping from old ones." ~ John Maynard Keynes
  • "It's one of the most important things at the end of the day, being able to say no to an investment." ~ Henry Kravis
  • "Concentrate your energies, your thoughts and your capital. The wise man puts all his eggs in one basket and watches the basket." ~ Andrew Carnegie
  • "Never adopt permanently any type of asset or any selection method. Try to stay flexible, open-minded, and skeptical." ~ Sir John Templeton
  • "In times of rapid change, experience could be your worst enemy." ~ J. Paul Getty
  • “Diversify your holdings and hedge when it is financially attractive to do so.” ~ Seth Klarman
  • "The financial markets generally are unpredictable. So that one has to have different scenarios. The idea that you can actually predict what's going to happen contradicts my way of looking at the market." ~ George Soros
  • "And then at the end of the day, the most important thing is how good are you at risk control. Ninety-percent of any great trader is going to be the risk control." ~ Paul Tudor Jones

Notice: The article was originally published on Sovestor.com