Quotes

The very existence of doubt creates the conditions for a big gain in the stock once the fears are put to rest. The trick is to put your fears to rest by doing the research and checking the facts -- before the competition does.

If you cut enough losses, sooner or later there's nothing left to cut.

Everybody in the world is a long-term investor until the market goes down.

A lot of great companies have made a lot of decisions you haven't heard about because they decided not to do something. Some of the best decisions they did do was to not do something.

The companies that do well, look out five, six, seven years, and some decisions they make may not be the right thing for the next year.

If you own stocks, there's always something to worry about. You can't get away from it.

Avoid long shots. I've bought about 30 long shots in my life. I've never broken even on one.

You need to know the market's going to go down sometimes. If you're not ready for that, you shouldn't own stocks. And it's good when it happens.

What you learn from history is the market goes down. It goes down a lot.

There are economic facts and there's economic predictions and economic predictions are a total waste.

I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy.

A correction is nothing more than a Wall Street euphemism for losing a lot of money very rapidly.