Stock Market Guru Quotes

"Know what you own, and know why you own it."

– Peter Lynch

"Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves."

– Peter Lynch

"Behind every stock is a company. Find out what it's doing."

– Peter Lynch

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

– Peter Lynch

"In this business, if you're good, you're right six times out of ten. You're never going to be right nine times out of ten."

– Peter Lynch

"The individual investor should act consistently as an investor and not as a speculator."

– Benjamin Graham

"The intelligent investor is a realist who sells to optimists and buys from pessimists."

– Benjamin Graham

"An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative."

– Benjamin Graham

"The essence of investment management is the management of risks, not the management of returns."

– Benjamin Graham

"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks."

– Benjamin Graham

"The four most dangerous words in investing are: 'This time it's different.'"

– John Templeton

"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria."

– John Templeton

"If you want to have a better performance than the crowd, you must do things differently from the crowd."

– 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."

– John Templeton

"If you search worldwide, you will find more opportunities than you will ever find in your local market."

– John Templeton

"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."

– George Soros

"I’m only rich because I know when I’m wrong."

– George Soros

"Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected."

– George Soros

"The worse a situation becomes, the less it takes to turn it around, the bigger the upside."

– George Soros

"The financial markets generally are unpredictable. So that one has to have different scenarios."

– George Soros

"The big money is not in the buying and selling, but in the waiting."

– Charlie Munger

"It takes character to sit there with all that cash and do nothing. I didn’t get to where I am by going after mediocre opportunities."

– Charlie Munger

"A great business at a fair price is superior to a fair business at a great price."

– Charlie Munger

"People calculate too much and think too little."

– Charlie Munger

"In my whole life, I have known no wise people who didn't read all the time — none, zero."

– Charlie Munger

"The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."

– Jesse Livermore

"It is not the thinking that makes money, it’s the sitting."

– Jesse Livermore

"The hardest thing to do is to trade the leading stock in the leading sector in a bull market. It’s easier to focus on the lesser stocks in the lesser sectors."

– Jesse Livermore

"Play the market only when all factors are in your favor. No person can play the market all the time and win."

– Jesse Livermore

"There is only one side to the stock market; and it is not the bull side or the bear side, but the right side."

– Jesse Livermore

"He who lives by the crystal ball will eat shattered glass."

– Ray Dalio

"The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that something that was a good investment in the recent past is still a good investment."

– Ray Dalio

"I learned that when you invest in the market, you have to be humble. You have to think, what do I know that the market doesn't?"

– Ray Dalio

"The more you learn, the more you earn."

– Ray Dalio

"Tough times are inevitable in life and in markets, but how you respond to them matters."

– Ray Dalio