motivational quotes

Going against the majority is the true way to make windfall gains in the stock market. This is one place where trying to fit in can be a giant mistake. Among the motivational quotes here. 

People in the stock markets love to look at the historical prices of a share and make buy or sell decisions. This approach is, needless to say, a loss-making approach in the long term and even in the short term.

Very smart people have tried to understand and predict the movement of the stock markets. And they have failed.

Do not invest in stocks because everybody is talking about them. There is an interesting topic – circle of competence. Which means you should only invest in stocks that you understand.

And not just that, understand why you invested in a certain stock at all. There might be times when you might have to sell the stock because it does not suit your investment style.

The legendary investor has doled out such great advice to the markets that he has several motivational quotes to his credit.

Investing in stocks over a long period of time is as incredibly boring and often involves hard work. It is not as exciting as many think it is. Paul Samuelson wants you to realize not to expect a thrilling experience from investing. 

For that, he suggests you go to casinos and bet.

A track record is of utmost importance. If you are investing a huge chunk of your money in a stock that has a history of poor performance, don’t expect very different results. Chances of the stock suddenly changing its nature are minuscule. 

Recessions can and do happen. In fact, they are unavoidable.

If you do not have the courage to stay invested through the ups and downs of the markets, investing in stock markets may not be for you.

This is something new investors may find contradicting. You are advised to diversify your risk by investing in many stocks so if something bad happens to one stock, you don’t lose too much.

But the flip side of this is, if you invest in too many stocks, you don’t get the massive returns from the meteoric rise of a few good stocks.

As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.”