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What is the best investment quote of all time?
The Top 25 Investing Quotes of All Time 1 Timeless Financial Quotes. "An investment in knowledge pays the best interest." When it comes to investing, nothing will pay off more than educating yourself. 2 Best Stock Market Quotes. ... 3 Investment and Wealth Quotes. ... 4 Top Investing Quotes from Contrarians. ... 5 The Bottom Line. ...
Who are the most successful investors in history?
Warren Buffett (Photo: Alex Wong/Getty Images) Referred to as the "Oracle of Omaha," Warren Buffett is viewed as one of the most successful investors in history. Following the principles set out by Benjamin Graham, he has amassed a multibillion dollar fortune mainly through buying stocks and companies through Berkshire Hathaway.
Who is the greatest stock picker of the century?
In 1999, Money magazine called him "arguably the greatest global stock picker of the century." As a naturalized British citizen living in the Bahamas, Templeton was knighted by Queen Elizabeth II for his many accomplishments. 1 Thomas Rowe Price Jr. is considered to be "the father of growth investing."
How do the greatest investors make their money?
The greatest investors have all made a fortune off of their success and in many cases, they've helped millions of others achieve similar returns.
What is George Soros known for?
George Soros was a master at translating broad-brush economic trends into highly leveraged, killer plays in bonds and currencies. As an investor, Soros was a short-term speculator, making huge bets on the directions of financial markets. In 1973, George Soros founded the hedge fund company of Soros Fund Management, which eventually evolved into the well-known and respected Quantum Fund. For almost two decades, he ran this aggressive and successful hedge fund, reportedly racking up returns in excess of 30% per year and, on two occasions, posting annual returns of more than 100%.
How long did Neff stay with Wellington?
Neff joined Wellington Management Co. in 1964 and stayed with the company for more than 30 years, managing three of its funds. His preferred investment tactic involved investing in popular industries through indirect paths, and he was considered a value investor as he focused on companies with low P/E ratios and strong dividend yields. He ran the Windsor Fund for 31 years (ending in 1995) and earned a return of 13.7%, versus 10.6% for the S&P 500 over the same time span. 2 This amounts to a gain of more than 53 times an initial investment made in 1964.
How did Jesse Livermore become successful?
Jesse Livermore had no formal education or stock trading experience. He was a self-made man who learned from his winners as well as his losers. It was these successes and failures that helped cement trading ideas that can still be found throughout the market today. Livermore began trading for himself in his early teens, and by the age of sixteen, he had reportedly produced gains of over $1,000, which was big money in those days. Over the next several years, he made money betting against the so-called " bucket shops ," which didn't handle legitimate trades—customers bet against the house on stock price movements. 3
What is Carl Icahn famous for?
Icahn is most famous for the "Icahn Lift." This is the Wall Street catchphrase that describes the upward bounce in a company's stock price that typically happens when Carl Icahn starts buying the stock of a company he believes is poorly managed.
What was George Soros's role in the financial markets?
As an investor, Soros was a short-term speculator, making huge bets on the directions of financial markets. In 1973, George Soros founded the hedge fund company of Soros Fund Management, which eventually evolved into the well-known and respected Quantum Fund. For almost two decades, he ran this aggressive and successful hedge fund, reportedly racking up returns in excess of 30% per year and, on two occasions, posting annual returns of more than 100%.
What is Graham's value investing?
The essence of Graham's value investing is that any investment should be worth substantially more than an investor has to pay for it. He believed in fundamental analysis and sought out companies with strong balance sheets, or those with little debt, above-average profit margins, and ample cash flow.
What is a great money manager?
Great money managers are like the rock stars of the financial world. The greatest investors have all made a fortune off of their success and in many cases, they've helped millions of others achieve similar returns. These investors differ widely in the strategies and philosophies they applied to their trading; some came up with new ...
How old was Baum when he started working with Simons?
He began working with Simons once a week. By 1979, Baum, then forty-eight years old, was immersed in trading and eager to ditch his academic career, just as Simons had hoped. He had his first hire and was on his way.
What did Simons and his colleagues achieve?
The gains Simons and his colleagues have achieved might suggest there are more inefficiencies in the market than most assume. Renaissance showed that with enough data, computational power and modeling experience, it’s possible to deduce many of the hidden factors moving the security prices otherwise invisible to other investors.
Why did Simons use monemetrics?
He called it Monemetrics, combining the words “money” and “econometrics” to indicate that he would use math to analyze financial data and score trading gains. Simons would hire a team of big brains to pore through the market’s data to identify trends and develop mathematical formulas to profit from them.
Why did Simons give up trading?
The losses were so upsetting that Simons contemplated giving up trading to focus on his expanding technology businesses. Simons gave clients the opportunity to withdraw their money. Most showed faith, but Simons himself was wracked with self-doubt. The setback was “stomach wrenching,” he told a friend.
What did Simons change his name to?
Simons himself wasn’t sure he’d stick with trading. Three years later, Simons changed Monemetrics’ name to Renaissance Technologies Corporation , reflecting his developing interest in these upstart companies. Simons came to see himself as a venture capitalist as much as a trader.
What did Jim Simons do in 1978?
He had conquered mathematics, figured out code-breaking, and built a world-class university department at Stony Brook University. Now, he was sure he could master financial speculation.
How much did Baum make in 1982?
His stubborn strategy enabled Baum to ride out market turbulence and rack up more than $43 million in profits between July 1979 and March 1982.
Timeless Financial Quotes
1. "An investment in knowledge pays the best interest." — Benjamin Franklin
Best Stock Market Quotes
5. "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." — George Soros
Top Investing Quotes from Contrarians
22. "The four most dangerous words in investing are, it’s different this time." — Sir John Templeton
The Bottom Line
The world of investing can be cold and hard. Refer back to these quotes when you're feeling shaky or confused about investing.
What is Magellan Midstream Partners?
Magellan Midstream Partners LP ( MMP, $64.05) is one of the few MLPs that can actually compete with Enterprise in terms of sheer quality. But they are different. Unlike Enterprise, which transports mostly natural gas and natural gas liquids, Magellan transports mostly crude oil and refined products. It also has massive storage capacity for more than 60 million barrels of gasoline, crude and diesel.
What is LTC property?
LTC Properties is a play on the aging of America’s Baby Boomers, which at more than 80 million people represent a population roughly the size of Germany. The Boomers no doubt will put major stress on the system, but they also will create opportunities to profit – such as LTC Properties.
What is the most ubiquitous company in the world?
Procter & Gamble ( PG, $110.49) is one of the most ubiquitous companies on the planet – or at least, its brands are among the most ubiquitous. Its stable of billion-dollar brands includes Tide laundry detergent, Crest toothpaste, Pampers diapers, Gillette razor blades and a host of other household names.
How has the world changed in the past 120 years?
The world has changed a lot in the past 120 years. America has added states and fought in two world wars. We saw the rise and fall of fascism and communism. And women won the right to vote.
What is the running theme of this list of retirement stocks?
The running theme of this list of retirement stocks is finding companies that are future-proof, or at least as close to future-proof as you can get.
How many miles of pipelines does Kinder Morgan have?
Kinder Morgan ( KMI, $20.88) is one of the largest and longest-operating pipeline companies in America, with over 84,000 miles of pipelines in service. The company was a pioneer in this space and remains one of its most formidable competitors.
How much is NNN?
For the very same reasons, National Retail Properties ( NNN, $52.28) is a solid addition to any retiree’s portfolio.