The stock market is a device to transfer money from the impatient to the patient.
Be fearful when others are greedy and greedy when others are fearful.
The way to make money is to buy when blood is running in the streets.
—John D Rockefeller
The function of economic forecasting is to make astrology look respectable.
—John Kenneth Galbraith
Don’t confuse brains with a bull market.
—Humphrey B Neill
Markets can remain irrational longer than you can remain solvent.
—John Maynard Keynes
It’s not how right or how wrong you are that matters but how much you make when right and how much you do not lose when wrong.
Business opportunities are like buses, there’s always another one coming.
There will always be bull markets followed by bear markets followed by bull markets.
If you have trouble imaging a 20 percent loss in the stock market, you shouldn’t be in stocks.
You make most of your money in a bear market, you just don’t realise it at the time.
—Shelby Cullom Davis
The contrary investor is every human when he resigns momentarily from the herd and thinks for himself.
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(This story appears in the 28 December, 2018 issue of Forbes India. To visit our Archives, click here.)