Quote Unquote

Herein I am pasting some beautiful quotes from famous personalities

Ben Franklin
"It's difficult for an empty sack to stand upright."

Ben Graham
"In the short-run, the market is a voting machine but in the long run, the market is a weighing machine."

Bladder Theory of Corporate Finance
"The more cash that builds up in the treasury, the greater the pressure to piss it away."

Charlie Munger
"It is not given to human beings to have such talent that they can just know everything about everything all the time. But it is given to human beings who work hard at it who look and sift the world for a mispriced bet that they can occasionally find one. And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have odds. And the rest of the time, they don't. It's just that simple."
"The first chance you have to avoid a loss from a foolish loan is by refusing to make it; there is no second chance."

Aj
Enjoy !

Without risk there is no faith. Faith is precisely the contradiction between the infinite passion of the individual’s inwardness and the objective uncertainty.
If I am capable of grasping God objectively,I do not believe, but precisely because I cannot do this I must believe.
Without risk there is no faith, and the greater the risk, the greater the faith;
the more objective security, the less inwardness (for inwardness is precisely subjectivity), and the less objective security, the more profound the possible inwardness. ------------------------------------ Kierkegaard

Fred Schwed
Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little.

George Soros
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong."


AJ
Enjoy

"Better than a thousand hollow words is one word that brings peace" - Buddha

J.K.Galbraith
"We have two classes of forecasters: Those who don't know and those who don't know they don't know."
"This is a world inhabited not by people who have to be persuaded to believe but by people who want an excuse to believe."

Joe Mansueto
"Only invest in things you understand and feel strongly about. If you don't have conviction when you buy it, there's a greater likelihood you'll sell at the first sign of bad news. As with most things, simplicity is a virtue in investing."

Aj
Enjoy

I do nothing but go about persuading you all, old and young alike, not to take thought for your persons or your properties, but and chiefly to care about the greatest improvement of the soul. I tell you that virtue is not given by money, but that from virtue comes money and every other good of man, public as well as private. This is my teaching, and if this is the doctrine which corrupts the youth, I am a mischievous person. - Socrates

John (Jack) Bogle
"If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks."

John Templeton
"The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell."
"The most dangerous words in the investment business are, "this time it's different." "

Aj
Enjoy

Peter Lynch
"Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it."
"The person that turns over the most rocks wins the game. And that's always been my philosophy."