This is a very brief list of investment tips from 5 legends in the business.
Seriously, these 5 guys are some of the greatest investors of all time. It would be impossible to list even a small portion of their tips in this email.
The first two are legends from the depression era and have long since passed away. The others are your contemporaries.
The similarity in their thought process is a joy to behold.
I would love to show you a dozen from each, but, for now, I’m only going to list one.
They’re simple (yet profound) common sense wisdom…and you’ll profit greatly from them.
“Never buy a stock because it has had a big decline from its previous high.”
“Don’t try to buy at the bottom and sell at the top. This can’t be done…except by liars.”
James P. Arthur (Art) Huprich:
“We can’t control the stock market. The very best we can do is try to understand what the stock market is trying to tell us.”
“Be patient and wait for the fat pitch.”
Paul Tudor Jones
“At the end of the day, your job is to buy what goes up and sell what goes down. So, who really gives a damn about PE’s?”
If you liked these wise men’s quotes, be sure to check out a column “Time Tested Truisms” featured every month in our newsletter “Simplifying Wall Street in Plain English.” (HERE)
We add new “Acronyms and Truisms” every month and they’re worth more than their weight in gold.
You’ll thank us later.
P.S. Show a friend how to be wise when investing. Share this (LINK) with them. They’ll thank YOU later.