Eight Great Investing Quotes…By Einstein & Others
[Photo Credit: “Einstein 1921” by Ferdinand Schmutzer 1870-1928, Public Domain]
Investing can be daunting, whether you are experienced or a beginner. Even if you feel confident about your investing strategy, it can be easy to lose focus or make decisions based on emotion.
This week, Craig Siminski, of CMS Retirement Income Planning, shares with us an article offering eight quotes from successful investors, economists, and other insightful thinkers that may help provide perspective and focus for an investing strategy:
1. “The individual investor should act consistently as an investor and not as a speculator.”
— Benjamin Graham, investor, author, and teacher known as the “father of value investing.” A speculator takes large risks in the hopes of making large quick gains. An investor focuses on risk-appropriate strategies to pursue long-term goals.
2. “Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.”
— Bernard Baruch, investor and presidential adviser. Trying to time the market may be tempting, but it rarely works, because no one really knows when the market has reached its top or bottom.
3. “If you aren’t willing to own a stock for 10 years, don’t even think about owning it for 10 minutes.”
— Warren Buffett, investor, businessman, and philanthropist. Buffett, a former student of Benjamin Graham, is perhaps the most famous proponent of patient “buy and hold” investing.
To Read More Investing Quotes from Albert Einstein, Peter Lynch, and others, Please Click Here.
Craig Siminski is a CERTIFIED FINANCIAL PLANNER™ professional, with more than 25 years of experience. His goal is to provide families, business owners, and their employees with assistance in building their financial freedom.
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