Quotes of All Topics . Occasions . Authors
Don't sell on bad news.
Yes, Warren has done very well.
I tried to follow Ben Graham's ideas.
Look at companies selling at new lows.
Don't buy on tips or for a quick move.
You have to have patience in this field.
Don't be in too much of a hurry to sell.
Try to establish the value of a company.
Our average holding period is four years.
Buy stocks where the outlook is not good.
I like the idea of company-paid dividends.
If the stock goes down we want to buy more.
Enjoy your work and have ethical standards.
This is a business. Like any other business.
Try to look for weaknesses in your thinking.
Have patience. Stocks don't go up immediately.
Be careful of leverage. It can go against you.
Fear and greed tend to affect one's judgement.
You never really know a stock until you own it.
I don't have a ticker-tape machine in my office.
My job was to find stocks that were undervalued.
You never get the high and you never get the low.
Book values have some good and some bad features.
Managements, you know, often think of themselves.
You have to have confidence in what you're doing.
I liked the results of the profits in the markets.
Look for companies that do not have a lot of debt.
Devise a simple strategy so you can sleep at night.
Try not to let your emotions affect your judgement.
We don't put the same amount of money in each stock.
People don't like to buy things that are going down.
Graham liked the idea of protection on the downside.
Try to buy assets at a discount than to buy earnings.
Be sure that debt does not exceed 100% of the equity.
Have a philosophy of investment and try to follow it.
You have to invest the way that's comfortable for you.
Some kinds of stocks are easier to analyse than others.
One has to know more about a company if one buys earnings.
We do not spend a great deal of time talking to management.
I find it helpful to buy near the low of the last few years.
Making a decision to sell is the most difficult thing we do.
One of the tricks of this business is, keep your losses down.
If the market were way over priced, I wouldn't own any stocks.
I'm not very good on timing. In fact, I've stayed away from it.
Earnings can change dramatically. Usually assets change slowly.
Price is the most important factor to use in relation to value.
I have been around a long time and Wall Street has changed a lot.
Have the courage of your convictions once you have made a decision.
When I buy a stock, I have kind of an idea where I want to sell it.
You know, people tend to like to buy companies that are doing well.