Corrections are unpredictable. By selling stocks to avoid pain, you can miss the next gain.
-
Ultimately, to be an investor in stocks, you have to believe that American business has a decent future, as well as business worldwide, and that corporations will continue to increase their profits.
Back to top. Source: Link
-
As corporate profits increase, corporations become more valuable, and sooner or later, their shares will sell for a higher price.
Back to top. Source: Link
-
What makes stocks valuable in the long run isn’t “the market.” It’s the profitability of the shares in the companies you own.
Back to top. Source: Link
-
Long-term bonds can be almost as volatile as stocks. They have their own corrections.
Back to top. Source: Link
-
As soon as you realize you can afford to wait out any correction, the calamity also becomes an opportunity to pick up bargains.
Back to top. Source: Link
-
Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves.
Back to top. Source: Link
-
I’ve never understood the apocalyptic theory of investing. If the world really does collapse, is it really going to do you any good to have a few Krugerrands in your pocket?
Back to top. Source: Link
-
There’s no such thing as a worry-free investment. The trick is to separate the valid worries from the idle worries, and then check the worries against the facts.
Back to top. Source: Link
-
It’s worth reminding ourselves from time to time that gyrations in a stock price may tell us absolutely nothing about the prospects of the company involved.
Back to top. Source: Link
-
The first task of the bargain hunter is to narrow the field and separate the solid prospects from the ones that are counting on hopes, prayers, and miracles.
Back to top. Source: Link
-
There’s a psychological benefit to tossing the bums out: The names disappear from the monthly brokerage statements; we’re no longer reminded of our mistakes.
Back to top. Source: Link
-
Missing the bottom on the way up won’t cost you anything. It’s missing the top on the way down that’s always expensive.
Back to top. Source: Link
-
Fast-growing companies can’t be expected to keep up the pace forever. Eventually, they reach middle age and lose some of their oomph, just like the rest of us.
Back to top. Source: Link
-
You can’t go to sleep holding cyclical stocks for a decade and expect to be richly rewarded. The rich rewards are in growth stocks and special situations.
Back to top. Source: Link
-
It’s in the nature of Wall Street to imagine that whenever a company sets a record for earnings, it will go on setting new ones.
Back to top. Source: Link
-
In cyclicals, a period of silly prices is followed by a period of sobriety.
Back to top. Source: Link
-
In my investing career, the best gains usually have come in the third or fourth year, not in the third or fourth week or the third or fourth month.
Back to top. Source: Link
-
With every company, there is something to worry about, but the question is, which worries are valid and which are not?
Back to top. Source: Link
-
“This one is different,” is the doomsayer’s litany, and, in fact, every recession is different, but that doesn’t mean it’s going to ruin us.
Back to top. Source: Link
-
Every recession brings out the skeptics who doubt that we will ever come out of it, and who predict that we will soon fall into a depression, when new cars will sit unsold in the showrooms forever and houses will stand empty, and the country will go bankrupt.
Back to top. Source: Link
-
The best time to get involved with cyclicals is when the economy is at its weakest, earnings are at their lowest, and public sentiment is at its bleakest.
Back to top. Source: Link