Benjamin Graham Quotes

Too often, the public can fall into the trap of investing when stock prices are rising, not dropping.

If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.

I've been in real estate for my whole life, I've been trying to sharpshoot the market with my investments, I'm never right. All you need to do is get near the bottom. That's good enough.

If you can predict where the market's going, just do what you can predict. If you can't, which is the presumption of dollar cost averaging or time cost averaging, either one, then you're trying to ease in. But if the market rises more than it falls most of the time, easing in is, by definition, a loser's game.

If there's a recession, I'd buy stocks. That's when you make money: when markets are spooked.

A rule of thumb is that the best investors focus on losers, and the winners take care of themselves.

My advice to most people is don't short stocks. It's a very, very difficult business. And you can really get clobbered.

There is scarcely an instance of a man who has made a fortune by speculation and kept it

Buy when everyone else is selling and hold until everyone else is buying. That's not just a catchy slogan. It's the very essence of successful investing.

Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.

Invest at the point of maximum pessimism.

I buy when other people are selling.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Market timing, by the way, is a tag some buy-and-hold investors use to put down anything that involves using your brain. These are the same people who like to watch the locomotive coming and get run down in the name of discipline.

But my system for over 30 years has been this: When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30.

The real key to making money in stocks is not to get scared out of them.

Never, never try to scope the market.

Buy into good, well-researched companies and then wait. Let's call it a sit-on-your-hands investment strategy.

The upward move at the beginning of a bull market is almost always huge compared with the vacillations late in the bear market. If you try to pick a bottom, you will miss a good part of the action.

People often panic when the markets go down and sell off their stocks - but then they aren't in the game when the markets are doing well.

Don't bottom fish.

Since we try and take a fairly buy-and-hold approach to our newsletter portfolios and don't sell at every whipsaw, we want to have a mix of stocks that will perform at both ends of the oscillation.

Successful investing is anticipating the anticipations of others.

One has to divide Warren Buffet into different periods. There is a continuously evolving style of Warren Buffett.

The way to make money is to buy when blood is running in the streets.