12 Quotes on Investing from Books
Hello and Welcome. This page is a collection of 12 quotes about Investing that I underlined from various books. I hope you will like these quotes too.
By the way, I am Deepak Kundu, an avid book reader, quotes collector and blogger.
Investing Quotes from How Not to Invest book by Barry Ritholtz
- You must be a disciplined investor. You should have an investment philosophy that can be expressed in a portfolio. This philosophy should include specific rules that you do not ignore. You want a portfolio with low costs, low turnover, low taxes, and a long holding period. Your success must not depend on news, overhearing tips, or market gossip.
- A strong process is a guarantee - not of outcome or results, but of a higher probability of obtaining your desired results. That's why process is so important to investors.
- The three most important words in investing are, "I don't know." Not saying those three words has cost investors billions.
- Investing is a massive problem-solving exercise. The best at it are intellectually flexible; they approach their craft as a discipline, and focus on process. They understand probability theory and view mistakes as learning opportunities. They use mental models and engage in second-order thinking; they use counterfactuals; they have good information hygiene. They possess a high level of self-awareness regarding their own psychological states. They know they have blind spots and are aware they don't know what they don't know.
- Investing is the art of using imperfect information to make probabilistic assessments about an inherently unknowable future.
Investing Quotes from The Simple Path to Wealth book by J. L. Collins
- The great irony of investing is that the more you watch and fiddle with your holdings the less well you are likely to do. Fill your basket, add as much as you can along the way and ignore it the rest of the time. You'll likely wake up rich.
- The great irony of successful investing is that simple is cheaper and more profitable. Complicated investments only benefit the people and companies that sell them.
- A little humility goes a long way in saving your ass and your cash.
- There is no risk-free investment. Once you begin to accumulate wealth, risk is a fact of life. You can't avoid it, you only get to choose what kind. Don't let anyone tell you differently.
Investing Quotes from Dividend Investing book by Jenny Harrington
- The beauty of investing is that it is an endless process of discovery. With each mistake made, with each value trap stepped on and even despite each mistake being unique in itself, learning continues and the future promises fewer such mistakes. With fewer mistakes come better returns - and thus, the beauty of compounding again reveals itself: not only do compounded returns generate long-term wealth, but compounded knowledge improves long-term returns!
- Investing is not black or white, but nuanced and demanding of additional research, thought and contemplation before action is taken.
- One of the most important yet difficult to overcome elements of successful investing is suppressing subjectivity and prioritizing objectivity.