Steven A. Cohen Quotes

I grade my stocks. I'm what they call a quant, one of the geeks of the stock market.

CNBC is a very serious-minded financial news network, and what we've seen thus far from Fox appears to be not as investment-focused or financially focused, and that's good for us.

There is only one side of the market and it is not the bull side or the bear side, but the right side.

I think the value of venues like CNBC is that they give investors an opportunity to reevaluate the situation minute by minute, but maybe we don't need to follow the market so closely.

Fundamentals make the market.

I'm not a Wall Street expert, but I can read the papers.

I'm watching the charts every week and hoping something will pop into my head.

To beat the market you'll have to invest serious bucks to dig up information no one else has yet.

I mean I'm not smarter than the market, but I can recognize a good tape and a bad tape. I recognize when it's right and when it's wrong and that's what my strength is.

The market is like a language, and you have to be able to understand what they're saying.

If you go back to 2001, the market had two violent short covering rallies then, although I know the market didn't officially get going until March 2003.

And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets.

With 'posts' running in the millions, Internet message boards have become an essential part of the savvy investor's arsenal.

The next time you see an outside day with a down close lower than the previous day, don't get scared, get ready to buy!

Market timing doesn't work. If all the bubbles and all this mispricing really exist, how come so few people see it before it turns out that way?

When I was an institutional broker in a former life, I was a believer in the merits of using technical analysis. I found that it was a very useful tool that complemented the much more mainstream tools generically referred to as fundamental analysis.

I did get introduced to the financial markets while I was in college. And I think I learned also how to sort of filter out all of the nonrational, or nonsensible, noise and sort of concentrate on what matters, and that's really what markets are about.

My experience is that very few people have what it takes to be a successful investor, as I discussed in The Arrogance of Stock Picking.

There are two ways to approach the market. You can guess which direction prices will go in next, or you can figure out what businesses and their securities are really worth.

It doesn't matter whether the market is up or down. All the day traders want is volatility.

I try to buy shares of unpopular companies when they look like road kill and sell them when they've been polished up a bit.

He really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend.

Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage.

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices

Never try to sell at the top. It isn't wise. Sell after a reaction if there is no rally.