Edwin Lefevre Quotes

Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.

Zeroing in on the best sectors or the best regions of the world is great, but zeroing in on the very best individual stocks is the key to making truly impressive profits.

Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.

Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.

You know, the market was down yesterday... my first thought when I heard-just on a personal basis, when I heard there had been this attack and I saw the futures this morning, which were really in the tank, I thought, Time to buy.

Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people.

Whenever you hear a discussion about the short-term swings in any given stock's price, your immediate thought should be whether it matters to why you are investing.

I don't want to do business with those who don't make a profit, because they can't give the best service.

I sold some shares, but on a net basis, significantly increased my ownership.

We continue to advise that investors remain committed to a patient, long-term outlook and that the best way to do well in stocks is to use a disciplined, time-tested strategy that has the benefit of empirically tested results over a variety of market environments.

I've had such a great track record in making a huge profit when the movies are smaller.

I don’t know why the Stock Market does what it does.

The stock knows that I bought it, and it decides, 'Mohnish is done. Now let's go down.'

The market is often stupid, but you can't focus on that. Focus on the underlying value of dividends and earnings.

I'm not a stock expert by any means. Stocks go up; they go down.

The one stock in my portfolio which I say hasn't worked yet but has the potential for a big home run is General Motors.

I was left £50 when I was ten by a fairly distant cousin, which my father invested in GEC shares on my behalf. I became interested in the market and was given some more shares by my father, which is when I began looking to see how the shares were performing and learning how to read company reports, balance sheets, and so on in order to gauge that.

I think that's life in general. It's the way it is when we pick stocks, all of them don't always work, so I guess I come to the view naturally. That's just the way life is for human beings so its going to be just as true for policy.

Picking the right stocks is one of the hardest parts of investing, and every night on Mad Money, I try to take some of that burden off your shoulders.

If you buy all the stocks selling at or below two times earnings, you will lose money on half of them because instead of making profits they will actually lose money, but you will only lose a dollar or so a share at most. Then others will be mediocre performers. But the remaining big winners will go up and produce fabulous results and also ensure a good overall result.

The correct attitude of the security analyst toward the stock market might well be that of a man toward his wife. He shouldn't pay too much attention to what the lady says, but he can't afford to ignore it entirely. That is pretty much the position that most of us find ourselves vis-à-vis the stock market.

More money is lost anticipating the changes in the overall stock market than any other way of investing.

The first rule of trading - there are probably many first rules - is don't get caught in a situation in which you can lose a great deal of money for reasons you don't understand.

If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.

Never buy a stock because it has gone up or sell one because it has gone down.