"You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets." -
"Know what you own, and know why you own it."
"An investment in knowledge pays the best interest." - Benjamin Franklin.
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
"Wide diversification is only required when investors do not understand what they are doing."
The stock market is filled with individuals who know the price of everything, but the value of nothing." - Phillip Fisher
"Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this." - Dave Ramsey
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson.)
"The four most dangerous words in investing are: 'this time it's different.'" - Sir John Templeton
Company, stock market, politics and the economy are four different things.