Warren Stephens Quotes

More and more investors may be coming into markets everywhere but that doesn't mean that the markets are really getting more and more efficient, even in the United States. It does mean that there is more access for savvy investors who watch the money flows.

Unfortunately, slow and steady in any financial market is actually impossible.

Listen to market strategists, and a word that comes up a lot these days is 'volatility.'

If I've learned anything as an economic analyst, it is that the stock market and economic winds can shift by the hour.

If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.

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.

The investor of today does not profit from yesterday's growth.

A financial crisis is a great time for professional investors and a horrible time for average ones.

You have a class of investors and you have a class of speculators. The speculators historically haven't been big enough to cause the investors to doubt the long-term vision of stock.

The techniques I developed for studying turbulence, like weather, also apply to the stock market.

People do dollar cost averaging because they have regret of making one big mistake. But the fact of the matter is that, mathematically, the market rises more of the time than it falls. It falls, but it rises more of the time than it falls.

I always tell my traders that they would've loved the 1990s because it was a fairly easy time to make money.

The markets were run by mathematicians and their models but they had no business sense.

There can be few fields of human endeavor in which history counts for so little as in the world of finance.

Low-volatility funds, which tend to smooth out performance, have been especially popular since the financial crisis. The PowerShares S&P 500 Low Volatility Fund is the oldest, begun in 2011.

The investing world is a little bit more multidimensional than poker.

I went into investments out of interest and thought I knew a little. The longer I've been involved, the less I realise I'd known.

As an investor, I'm always scouting for new trends.

The problem with most people who play the market is that they are not flexible.

What's both fascinating and challenging about investing is that the changing nature of business and finance means you can never have it all figured out.

There is something in people; you might even call it a little bit of a gambling instinct… I tell people investing should be dull. It shouldn't be exciting. Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor.

Taking this view, it is possible to see financial markets as a laboratory for testing hypotheses, albeit not strictly scientific ones. The truth is, successful investing is a kind of alchemy.

The mutual fund industry has been built, in a sense, on witchcraft.

People who invest make money for themselves; people who speculate make money for their brokers. And that, in turn, is why Wall Street perennially downplays the durable virtues of investing and hypes the gaudy appeal of speculation.