投资名言

查理·芒格

多元思维模型大师

NEW10 小时前

“The big money is not in the buying and selling, but in the waiting.”

本杰明·格雷厄姆

价值投资之父

NEW10 小时前

“In the short run, the market is a voting machine but in the long run, it is a weighing machine.”

本杰明·格雷厄姆

价值投资之父

NEW10 小时前

“Margin of safety: buying a dollar of value for forty cents.”

本杰明·格雷厄姆

价值投资之父

NEW10 小时前

“Mr. Market is there to serve you, not to guide you.”

彼得·林奇

传奇基金经理

NEW10 小时前

“The key organ for investing is the stomach, not the brain.”

彼得·林奇

传奇基金经理

NEW10 小时前

“Far more money has been lost by investors preparing for corrections than has been lost in corrections themselves.”

彼得·林奇

传奇基金经理

NEW10 小时前

“The best stock to buy may be the one you already own or see every day.”

乔治·索罗斯

金融巨鳄

NEW10 小时前

“It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.”

乔治·索罗斯

金融巨鳄

NEW10 小时前

“Every boom eventually goes bust; the key is to recognize the inevitability of the trend change and identify the inflection point.”

霍华德·马克斯

周期大师

NEW10 小时前

“It's not what you buy, it's what you pay. Investing success doesn't come from buying good things, but from buying things well.”

霍华德·马克斯

周期大师

NEW10 小时前

“The mood swings of the securities markets resemble the movement of a pendulum between euphoria and depression.”

瑞·达利欧

原则先生

NEW10 小时前

“Diversification is the Holy Grail of investing: fifteen good, uncorrelated return streams can dramatically reduce risk without reducing return.”

“The four most expensive words in the English language are 'this time it's different.'”

“It is impossible to produce superior performance unless you do something different from the majority.”

杰西·利弗莫尔

华尔街传奇操盘手

NEW10 小时前

“It never was my thinking that made the big money for me. It always was my sitting.”

杰西·利弗莫尔

华尔街传奇操盘手

NEW10 小时前

“Never average losses. Let your profits run and cut your losses quickly.”

约翰·博格

指数基金之父

NEW10 小时前

“Don't look for the needle in the haystack. Just buy the haystack!”

约翰·博格

指数基金之父

NEW10 小时前

“In investing, you get what you don't pay for. Costs matter.”

菲利普·费雪

成长投资先驱

NEW10 小时前

“I don't want a lot of good investments; I want a few outstanding ones.”

菲利普·费雪

成长投资先驱

NEW10 小时前

“If the job has been correctly done when a common stock is purchased, the time to sell it is almost never.”

塞斯·卡拉曼

安全边际守护者

NEW10 小时前

“Value investing is at its core the marriage of a contrarian streak and a calculator.”

塞斯·卡拉曼

安全边际守护者

NEW10 小时前

“Avoiding loss should be the primary goal of every investor.”

“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up.”

“Psychology makes 90 percent of the stock market.”

“The economy and the stock market are like a man walking his dog: the dog runs ahead and behind, but always comes back to its master.”

“The whole secret to winning in the stock market is to lose the least amount possible when you're not right: cut every loss at 7-8%.”

“What seems too high and risky to the majority generally goes higher, and what seems low and cheap generally goes lower.”

“Markets can remain irrational longer than you can remain solvent.”

“Successful investing is anticipating the anticipations of others.”

“It's not whether you're right or wrong, but how much money you make when you're right. The way to build long-term returns is through preservation of capital and home runs.”

“Asset allocation is the overwhelmingly dominant contributor to portfolio returns, far more important than security selection and market timing.”

“We don't try to predict the market. We just buy cheap stocks and wait.”

“Don't fight the Fed.”

“When the shoeshine boy starts giving you stock tips, it's time to get out of the market.”

沃伦·巴菲特

奥马哈先知

NEW1 天前

“When you can buy a dollar for 80 cents, share repurchases are the smartest capital allocation — but only if you truly know what that dollar is worth.”

沃伦·巴菲特

奥马哈先知

NEW1 天前

“In looking for management, I look for people who run the company as if it were their only asset, not just another line on their resume.”

沃伦·巴菲特

奥马哈先知

NEW1 天前

“If you're smart, you don't need leverage; if you're dumb, it will ruin you. Leverage is the only thing that can make a smart person go broke.”

沃伦·巴菲特

奥马哈先知

NEW1 天前

“Insurance float is the most beautiful financing I've ever seen. It gives me money upfront and lets me pay the cost later — and if my underwriting is profitable, the cost is negative.”

沃伦·巴菲特

奥马哈先知

NEW1 天前

“The market is like a moody partner who offers you a price every day. You can choose to trade with him or ignore him. The more absurd his offer, the greater your opportunity.”

查理·芒格

多元思维模型大师

NEW1 天前

“The secret to making big money is not buying and selling, but waiting. Of all the investment decisions I've made, only a few really made big money. Most of the time, I just sit on my hands.”

查理·芒格

多元思维模型大师

NEW1 天前

“Show me the incentive and I'll show you the outcome. The fundamental driver of human behavior is that simple. If you want to change something, change the incentive structure first.”

查理·芒格

多元思维模型大师

NEW1 天前

“The human brain is wired to seek evidence that supports its existing beliefs and ignore contrary evidence. This is fatal in investing. You must force yourself to seek disconfirming evidence.”

查理·芒格

多元思维模型大师

NEW1 天前

“Tell me where I'm going to die, and I'll never go there. That's the simplest form of inversion — instead of thinking about how to succeed, think about how to avoid failure.”

查理·芒格

多元思维模型大师

NEW1 天前

“In my whole life, I have known no wise person who didn't read all the time — none, zero. Warren reads more than I do. My children laugh at me, they think I'm a book with a couple of legs sticking out.”

本杰明·格雷厄姆

价值投资之父

NEW1 天前

“Imagine you have a business partner called Mr. Market. Every day he quotes a price — either to buy your shares or sell his. He is emotionally unstable, sometimes euphoric, sometimes despondent. But he has one virtue: he doesn't mind if you ignore him.”

本杰明·格雷厄姆

价值投资之父

NEW1 天前

“There is a simple value investing method: buy stocks trading below their net current asset value (current assets minus all liabilities). If your portfolio is diversified enough, it's almost impossible to lose money.”

本杰明·格雷厄姆

价值投资之父

NEW1 天前

“The fundamental difference between investment and speculation is that investment is an operation which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.”

本杰明·格雷厄姆

价值投资之父

NEW1 天前

“The average investor cannot outperform the professionals — if you try to trade frequently. But if you buy a group of stocks representing the whole market and hold them long-term, you will likely beat most fund managers.”

本杰明·格雷厄姆

价值投资之父

NEW1 天前

“In the short run, the market is a voting machine. In the long run, it's a weighing machine. Short-term, the market is driven by popularity and emotion, but eventually the true value of the business determines the stock price.”

彼得·林奇

传奇基金经理

NEW1 天前

“The best investment leads aren't in Wall Street research reports — they're in the shopping malls, supermarket shelves, and your children's mouths. Spending half an hour in a mall is more useful than half an hour reading analyst reports.”

彼得·林奇

传奇基金经理

NEW1 天前

“I divide stocks into six categories: slow growers, stalwarts, fast growers, cyclicals, turnarounds, and asset plays. Different types require different questions and different expectations.”

彼得·林奇

传奇基金经理

NEW1 天前

“The amateur investor has one advantage that a fund manager will never have: you don't have to buy stocks you don't understand. You can wait until you're completely sure before acting.”

彼得·林奇

传奇基金经理

NEW1 天前

“A good investor must fall in love with reading financial statements. Not just the earnings line — read the footnotes, the management discussion, the auditor's opinion. The real story is often in the footnotes.”

彼得·林奇

传奇基金经理

NEW1 天前

“Before you buy a stock, spend half an hour using the company's product. If you're the consumer and you like it enough to buy again, it's worth researching. If even you don't want to use it, why would anyone else?”

乔治·索罗斯

金融巨鳄

NEW1 天前

“In credit markets, reflexivity is most pronounced. Banks are willing to lend → businesses borrow → asset prices rise → collateral appreciates → banks lend even more — until the chain suddenly breaks and the whole process reverses.”

乔治·索罗斯

金融巨鳄

NEW1 天前

“I'm not smarter than others — I'm just faster at admitting I'm wrong. Investing is a process of trial and error. The key is to discover a mistake before it becomes fatal.”

乔治·索罗斯

金融巨鳄

NEW1 天前

“Short selling is much harder than going long, because your losses are theoretically unlimited, and the market can stay irrational longer than you can stay solvent. But I still short, because sometimes the market is simply wrong.”

乔治·索罗斯

金融巨鳄

NEW1 天前

“Every bubble has two components: a real trend, and a misconception about that trend. The trend is real, but people extrapolate its sustainability far too much.”

乔治·索罗斯

金融巨鳄

NEW1 天前

“I'm a failed philosopher who made money using philosophy. Financial markets are a laboratory of human behavior — here I test ideas that I couldn't verify in philosophy.”

“Pain + Reflection = Progress. Pain is a signal that something needs to change. If you run from pain, you run from the opportunity to grow. Embrace it, dissect it, and you will progress.”