These quotes are the best I have found. They are mainly related
with my passion: investing. By refreshing the page you get new
random quotes from my collection, feel free to contact me.
Cheers! jrv

"If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the gross national product would go up."
-"Billionaires Are Free," New York magazine, November 6, 2006
-- Warren Buffett

Whatever the mind of man can conceive and believe, it can achieve.
-- Napoleon Hill

"4. Does the company have an above average sales organization?"
-- Philip A. Fisher - "One of the Fifteen points to look for in a common stock"

"Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful."
- Berkshire Hathaway 2004 Chairman's Letter
-- Warren Buffett

I would rather be approximately right than precisely wrong.
--Wrren Buffet

Friendship is always a sweet responsibility, never an opportunity.
-- Kahlil Gibran

The market, like the Lord, helps those who help themselves. But unlike the Lord, the market does not forgive those who know not what they do.
-- Warren Buffett

"Given the recent terror and talk of war, we will focus on point two in this chapter.
2. Don’t be afraid of buying on a war scare.
At the conclusion of all actual fighting—regardless of whether it was World War I, World War II, or Korea—most stocks were selling at levels vastly higher than prevailed before there was any thought of war at all. Furthermore, at least ten times in the last twenty-two years, news has come of other international crises which gave threat of major war. In every instance, stocks dipped sharply on the fear of war and rebounded sharply as the war scare subsided.
War is always bearish on money. To sell a stock at the threatened or actual outbreak of hostilities so as to get into cash is extreme financial lunacy. Actually just the opposite should be done. If an investor has about decided to buy a particular common stock and the arrival of a full-blown war scare starts knocking down the price, he should ignore the scare psychology of the moment and definitely begin buying."
-- Philip A. Fisher - "One of the don'ts for investors"

"The only function of economic forecasting is to make astrology look respectable."
-- John Kenneth Galbraith

“So if the entire country became securities analysts, memorized Benjamin Graham’s Intelligent Investor and regularly attended Warren Buffett’s shareholder meetings, most people would, nevertheless, find themselves irresistibly drawn to hot initial public offerings, momentum strategies and investment fads… People would, in short, still be attracted to short-term, get rich quick schemes.
-- Seth Klarman

One of the main weaknesses of mankind is the average man's familiarity with the word "impossible."
-- Napoleon Hill

The number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in terms of its competitive advantage. Look for more value in terms of discounted future cash-flow than you are paying for. Move only when you have an advantage.

It’s 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.
-- Charlie Munger

“Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.”
-- Warren Buffett

"The line separating investment and speculation, which is never brightand clear, becomes blurred still further when most market participantshave recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities -- that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future -- will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There's a problem, though: They are dancing in a room in which the clocks have no hands."
- Berkshire Hathaway 2000 Chairman's Letter
-- Warren Buffett

Recognize reality even when you don't like it - especially when you don't like it.
-- Charlie Munger

"I just don't see anything available that gives any reasonable hope of delivering such a good year and I have no desire to grope around, hoping to 'get lucky' with other people's money. I am not attuned to this market environment, and I don't want to spoil a decent record by trying to play a game I don't understand just so I can go out a hero."
-- Warren Buffett

"1. Don’t buy into promotional companies."
"There are enough spectacular opportunities among established companies that ordinary individual investors should make it a rule never to buy into a promotional enterprise."
-- Philip A. Fisher - "One of the don'ts for investors"

"The approach and strategies are very similar in that you gather all the information you can and then keep adding to that base of information as things develop. You do whatever the probabilities indicated based on the knowledge that you have at that time, but you are always willing to modify your behaviour or your approach as you get new information. In bridge, you behave in a way that gets the best from your partner. And in business, you behave in the way that gets the best from your managers and your employees."
-- Warren Buffett