What famous investing quote reminds you of your investing style?

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tvubpwcisla
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What famous investing quote reminds you of your investing style?

Post by tvubpwcisla » Mon Jun 15, 2020 6:54 pm

For example...

"An investment in knowledge pays the best interest."
"Be fearful when others are greedy. Be greedy when others are fearful."
"If you watch the pennies the dollars take care of themselves."
"Every once in a while, the market does something so stupid it takes your breath away."
etc...
etc...
etc...

For me, it has to be, "If you watch the pennies the dollars will take care of themselves" because my Dad used to tell me that all the time!

:sharebeer
Stay invested my friends.

Hyperchicken
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Re: What famous investing quote reminds you of your investing style?

Post by Hyperchicken » Mon Jun 15, 2020 6:58 pm

"You've got to ask yourself one question: Do I feel lucky?"

neverpanic
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Re: What famous investing quote reminds you of your investing style?

Post by neverpanic » Mon Jun 15, 2020 7:01 pm

"Buy fear, sell greed"

I'm seeking to reduce my trading volume, though, which is why I joined this forum.
I am not a financial professional or guru. I'm a schmuck who got lucky 10 times. Such is the life of the trader.

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BroIceCream
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Re: What famous investing quote reminds you of your investing style?

Post by BroIceCream » Mon Jun 15, 2020 7:05 pm

Technically not an investing quote...
I've got all the bases covered.

CardioMD
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Re: What famous investing quote reminds you of your investing style?

Post by CardioMD » Mon Jun 15, 2020 7:13 pm

See signature. My favorite... even though I spend too much time watching the markets.
“The stock market is a giant distraction from the business of investing.” -Jack Bogle

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tetractys
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Re: What famous investing quote reminds you of your investing style?

Post by tetractys » Mon Jun 15, 2020 7:16 pm

tvubpwcisla wrote:
Mon Jun 15, 2020 6:54 pm
"An investment in knowledge pays the best interest."
"Be fearful when others are greedy. Be greedy when others are fearful."
I’ll just go with the first two sayings of the OP because they ring a bell.

The first I think applies in my case because I studied a lot of investing books to develop my plan. Now of course the first saying isn’t specific to investing; nevertheless the knowledge I’ve accumulated really has formed a strong basis for me. And with that solid basis, the second saying above really is more silly than sensible. Greed and fear don’t come in to play at all in my investment decisions. The emotions that do accompany my investment thinking are confidence and satisfaction.

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Hector
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Re: What famous investing quote reminds you of your investing style?

Post by Hector » Mon Jun 15, 2020 7:20 pm

Buy & Hold.

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Brianmcg321
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Re: What famous investing quote reminds you of your investing style?

Post by Brianmcg321 » Mon Jun 15, 2020 7:21 pm

“Greed is Good”

-Gordon Gekko
Rules to investing: | 1. Don't lose money. | 2. Don't forget rule number 1.

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nisiprius
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Re: What famous investing quote reminds you of your investing style?

Post by nisiprius » Mon Jun 15, 2020 7:29 pm

"Successful investing involves doing just a few things right and avoiding serious mistakes."--John C. Bogle

As for Warren Buffett's "Be fearful when others are greedy and be greedy when others are fearful,” that is not my style because I can't tell whether "others" are being greedy or whether they are being fearful. I settle for staying the course in a total market index fund, and then I know that whenever others are being greedy, I am being less greedy, and when others are being fearful, I am being less fearful--and I can do it without being able to assess the mood of the market.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.

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Re: What famous investing quote reminds you of your investing style?

Post by scout1 » Mon Jun 15, 2020 7:35 pm

Never sell (stocks)

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Portfolio7
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Re: What famous investing quote reminds you of your investing style?

Post by Portfolio7 » Mon Jun 15, 2020 7:37 pm

nisiprius wrote:
Mon Jun 15, 2020 7:29 pm
"Successful investing involves doing just a few things right and avoiding serious mistakes."--John C. Bogle
Your first quote is very similar to Charlie Munger's:
“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
It's this quote that stays with me. I hope to consistently achieve "not stupid".
"An investment in knowledge pays the best interest" - Benjamin Franklin

Iorek
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Re: What famous investing quote reminds you of your investing style?

Post by Iorek » Mon Jun 15, 2020 7:38 pm

Don’t do something, just stand there

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Re: What famous investing quote reminds you of your investing style?

Post by L82GAME » Mon Jun 15, 2020 7:38 pm

“In investing, you get what you don't pay for.” - Jack Bogle

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Taylor Larimore
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Re: What famous investing quote reminds you of your investing style?

Post by Taylor Larimore » Mon Jun 15, 2020 7:41 pm

What famous investing quote reminds you of your investing style?
tvubpwcisla:

You can read it at the bottom of all my posts.

Best wishes.
Taylor
Jack Bogle's Words of Wisdom: "We ignore the real diamonds of simplicity, seeking instead the illusory rhinestones of complexity."
"Simplicity is the master key to financial success." -- Jack Bogle

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Re: What famous investing quote reminds you of your investing style?

Post by Kenkat » Mon Jun 15, 2020 7:42 pm

“All of humanity's problems stem from man's inability to sit quietly in a room alone.” - Pascal

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Re: What famous investing quote reminds you of your investing style?

Post by hicabob » Mon Jun 15, 2020 7:42 pm

"Nobody knows nothin' " and "stay the course". Mr Bogle.

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Re: What famous investing quote reminds you of your investing style?

Post by Fallible » Mon Jun 15, 2020 7:43 pm

There are many quotes that remind me of my investing style, whatever that really is. Here's one I like because it reminds me that behavioral finance isn't just about errors other investors make, but that I make:

"The first principle is that you must not fool yourself – and you are the easiest person to fool." ~Richard Feynman

Hence...Fallible.
"Yes, investing is simple. But it is not easy, for it requires discipline, patience, steadfastness, and that most uncommon of all gifts, common sense." ~Jack Bogle

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tvubpwcisla
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Re: What famous investing quote reminds you of your investing style?

Post by tvubpwcisla » Mon Jun 15, 2020 7:57 pm

nisiprius wrote:
Mon Jun 15, 2020 7:29 pm
"Successful investing involves doing just a few things right and avoiding serious mistakes."--John C. Bogle
...boy is that a good one and so very true! ^

:sharebeer
Stay invested my friends.

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GerryL
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Re: What famous investing quote reminds you of your investing style?

Post by GerryL » Mon Jun 15, 2020 8:02 pm

Iorek wrote:
Mon Jun 15, 2020 7:38 pm
Don’t do something, just stand there
This. And "Nobody knows nothin'."

ball241
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Re: What famous investing quote reminds you of your investing style?

Post by ball241 » Mon Jun 15, 2020 8:07 pm

“Not everything that can be counted counts, and not everything that counts can be counted”

reln
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Re: What famous investing quote reminds you of your investing style?

Post by reln » Mon Jun 15, 2020 8:10 pm

tvubpwcisla wrote:
Mon Jun 15, 2020 6:54 pm
For example...

"An investment in knowledge pays the best interest."
"Be fearful when others are greedy. Be greedy when others are fearful."
"If you watch the pennies the dollars take care of themselves."
"Every once in a while, the market does something so stupid it takes your breath away."
etc...
etc...
etc...

For me, it has to be, "If you watch the pennies the dollars will take care of themselves" because my Dad used to tell me that all the time!

:sharebeer
"Nobody knows nothing"

Dottie57
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Re: What famous investing quote reminds you of your investing style?

Post by Dottie57 » Mon Jun 15, 2020 8:12 pm

tvubpwcisla wrote:
Mon Jun 15, 2020 7:57 pm
nisiprius wrote:
Mon Jun 15, 2020 7:29 pm
"Successful investing involves doing just a few things right and avoiding serious mistakes."--John C. Bogle
...boy is that a good one and so very true! ^

:sharebeer
+1

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Re: What famous investing quote reminds you of your investing style?

Post by whodidntante » Mon Jun 15, 2020 8:13 pm

All I can think is --- It's not a serious loss if you still have a car to drive home in.
Gary Carson

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Re: What famous investing quote reminds you of your investing style?

Post by Dottie57 » Mon Jun 15, 2020 8:14 pm

I think the saying sis

“Never take too much or too little risk”

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Sandtrap
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Re: What famous investing quote reminds you of your investing style?

Post by Sandtrap » Mon Jun 15, 2020 9:43 pm

“Wealth can’t buy happiness, but it’s way better than being in poverty.”

My mom, long passed, remembering the depression/war era.

Thus, my investing “style” has always been focused on attaining/accumulating wealth.
j🌺
Last edited by Sandtrap on Mon Jun 15, 2020 9:46 pm, edited 3 times in total.
Wiki Bogleheads Wiki: Everything You Need to Know

MishkaWorries
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Re: What famous investing quote reminds you of your investing style?

Post by MishkaWorries » Mon Jun 15, 2020 9:44 pm

Not mine but my wife's newest and favorite expression (she learned on Bogleheads):

If you've won the game, stop playing.
We plan. G-d laughs.

jello_nailer
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Re: What famous investing quote reminds you of your investing style?

Post by jello_nailer » Mon Jun 15, 2020 9:49 pm

I like:
The market can remain irrational longer than you can remain solvent.

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aj76er
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Re: What famous investing quote reminds you of your investing style?

Post by aj76er » Mon Jun 15, 2020 9:57 pm

See signature.
"Buy-and-hold, long-term, all-market-index strategies, implemented at rock-bottom cost, are the surest of all routes to the accumulation of wealth" - John C. Bogle

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Horton
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Re: What famous investing quote reminds you of your investing style?

Post by Horton » Mon Jun 15, 2020 9:58 pm

Perfect is the enemy of good.

JimRVO
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Re: What famous investing quote reminds you of your investing style?

Post by JimRVO » Mon Jun 15, 2020 10:11 pm

Those who understand compound interest, earn it. Those who don’t, pay it.

lower forty
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Re: What famous investing quote reminds you of your investing style?

Post by lower forty » Mon Jun 15, 2020 10:23 pm

A fool and his money are lucky enough to get together in the first place.

meaning: Once you have money, don’t get cocky and throw out the habits that helped you accumulate your wealth in the first place. Avoid speculation, trading, and spending money foolishly.

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Tyler9000
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Re: What famous investing quote reminds you of your investing style?

Post by Tyler9000 » Mon Jun 15, 2020 10:32 pm

My favorite investing quote was actually written about bread:

"It's all about a balancing act between time, temperature and ingredients: That's the art of baking."

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Watty
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Re: What famous investing quote reminds you of your investing style?

Post by Watty » Mon Jun 15, 2020 10:41 pm

Not exactly famous but,

Buying an elephant for a dime is only a good deal if you need an elephant and you have a dime.

That may be relevant when people are deciding to take a monthly pension or a lump sum.

milktoast
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Re: What famous investing quote reminds you of your investing style?

Post by milktoast » Mon Jun 15, 2020 10:44 pm

“Big money, no whammies!!!”

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Re: What famous investing quote reminds you of your investing style?

Post by Clever_Username » Mon Jun 15, 2020 10:53 pm

Is my signature quote famous and/or about investing? Not sure if it counts...
"What was true then is true now. Have a plan. Stick to it." -- XXXX, _Layer Cake_ | | I survived my first downturn and all I got was this signature line.

core4portfolio
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Re: What famous investing quote reminds you of your investing style?

Post by core4portfolio » Mon Jun 15, 2020 10:54 pm

Choose simplicity when complex things doesnt work
Allocation : 80/20 (80% TSM, 20% TBM) | Need to learn fishing sooner

Northern Flicker
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Re: What famous investing quote reminds you of your investing style?

Post by Northern Flicker » Mon Jun 15, 2020 11:30 pm

"The stock market is a device for transfering wealth from the active to the patient."

--Warren Buffett
Risk is not a guarantor of return.

BernardShakey
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Re: What famous investing quote reminds you of your investing style?

Post by BernardShakey » Mon Jun 15, 2020 11:56 pm

"Diversification is a protection against ignorance" - Warren Buffett
A key to investing is having a well-calibrated sense of your future regret.

Deaconfan
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Re: What famous investing quote reminds you of your investing style?

Post by Deaconfan » Tue Jun 16, 2020 12:46 am

“Buy high, sell higher.”

Also, “Sell high, buy low.”

quadog
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Re: What famous investing quote reminds you of your investing style?

Post by quadog » Tue Jun 16, 2020 12:55 am

Not a famous investing quote, but I want it to become one. From The Wire:

Avon: You come in here, you get your mind right, you only do two days. The day you come in...
Stringer: The day you get out.

They’re talking about doing time, of course. But it’s no different than investing. There are only two days that matter: the day you buy; the day you sell. Everything else is just noise.

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Noobvestor
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Re: What famous investing quote reminds you of your investing style?

Post by Noobvestor » Tue Jun 16, 2020 1:49 am

It's in my signature line below :wink:
"In the absence of clarity, diversification is the only logical strategy" -= Larry Swedroe

MAI
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Re: What famous investing quote reminds you of your investing style?

Post by MAI » Tue Jun 16, 2020 3:13 am

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch

I stay fully invested.

tigerdoc93
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Re: What famous investing quote reminds you of your investing style?

Post by tigerdoc93 » Tue Jun 16, 2020 5:37 am

Not my favorite but a good one : “the market can stay irrational longer than you can remain solvent “. John Maynard Keynes

UpperNwGuy
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Re: What famous investing quote reminds you of your investing style?

Post by UpperNwGuy » Tue Jun 16, 2020 5:41 am

"Buy and hold."

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Re: What famous investing quote reminds you of your investing style?

Post by columbia » Tue Jun 16, 2020 5:41 am

tigerdoc93 wrote:
Tue Jun 16, 2020 5:37 am
Not my favorite but a good one : “the market can stay irrational longer than you can remain solvent “. John Maynard Keynes
The irrational part might be in play these days.
If you leave your head in the sand for too long, you might get run over by a Jeep.

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Re: What famous investing quote reminds you of your investing style?

Post by Vanguard Fan 1367 » Tue Jun 16, 2020 6:41 am

"The less the fee, the more for me."
Upton Sinclair: "It is difficult to get a man to understand something when his salary depends on his not understanding it."

IlliniDave
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Re: What famous investing quote reminds you of your investing style?

Post by IlliniDave » Tue Jun 16, 2020 6:52 am

In my signature.
Don't do something. Just stand there!

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KSOC
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Re: What famous investing quote reminds you of your investing style?

Post by KSOC » Tue Jun 16, 2020 6:56 am

Iorek wrote:
Mon Jun 15, 2020 7:38 pm
Don’t do something, just stand there
This right here.

If you can do this, you got the controls.
I'm just sitting here watching the wheels go round and round. | Nobody told me there'd be days like these.

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bertilak
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Re: What famous investing quote reminds you of your investing style?

Post by bertilak » Tue Jun 16, 2020 8:51 am

Fallible wrote:
Mon Jun 15, 2020 7:43 pm
There are many quotes that remind me of my investing style, whatever that really is. Here's one I like because it reminds me that behavioral finance isn't just about errors other investors make, but that I make:

"The first principle is that you must not fool yourself – and you are the easiest person to fool." ~Richard Feynman

Hence...Fallible.
Mark twain said
  • It's easier to fool a man than to convince him he's been fooled.
My corollary: This is true even if he fooled himself.
May neither drought nor rain nor blizzard disturb the joy juice in your gizzard. -- Squire Omar Barker (aka S.O.B.), the Cowboy Poet

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bertilak
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Re: What famous investing quote reminds you of your investing style?

Post by bertilak » Tue Jun 16, 2020 8:53 am

columbia wrote:
Tue Jun 16, 2020 5:41 am
tigerdoc93 wrote:
Tue Jun 16, 2020 5:37 am
Not my favorite but a good one : “the market can stay irrational longer than you can remain solvent “. John Maynard Keynes
The irrational part might be in play these days.
The point I see in that quote is that one may overestimate one's own rationality.
May neither drought nor rain nor blizzard disturb the joy juice in your gizzard. -- Squire Omar Barker (aka S.O.B.), the Cowboy Poet

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