7 Quotes on Portfolio Management from Books
Hello and Welcome. This page is a collection of 7 quotes about Portfolio Management 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.
Portfolio Management Quotes from Dividend Investing book by Jenny Harrington
- An appropriately sized, well-structured investment portfolio is like sailing on an ocean liner, where neither low tide nor a bear market should interrupt whatever you are doing and enjoying.
- Historically, the market generates a positive return in three out of four years, yet on average declines by over 10% at some point in any given year. The most important part of having a successful investment portfolio is not to get rattled along the way and cash out at the market peaks or bottoms.
- Many individuals' portfolios are like their closets: storage units for dozens of dated, useless, squirreled-away pieces of clothing that no one in their right mind would still own, but for some detached-from-reality sentimentality.
Portfolio Management Quotes from How Not to Invest book by Barry Ritholtz
- Don't try to time the markets You lack the skill, the discipline, and the ability. Even if you get lucky, it's just that - dumb luck - and that serendipity is likely to encourage you to engage in even more reckless and foolish behavior in the future. The odds of you jumping out on time and getting back in are stacked against you. Add in taxes and other costs, and it becomes a fool's errand.
- In markets, panic does not make anything better and often makes things worse - and occasionally much worse.
- Panic-selling is easy, getting back in at the lows is hard, not ever getting back in is ruinous.
Other Portfolio Management Quotes
- 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 Simple Path to Wealth by J. L. Collins