Quoted in The Warren Buffett Portfolio: Mastering the Power of the Focus Investment Strategy (2000), p. 112, and Think, Act, and Invest Like Warren Buffett: The Winning Strategy to Help You Achieve Your Financial and Life Goals (2012), p. 22 <!-- also in -->
Context: I wouldn't mind going to jail if I had three cellmates who played bridge. … The approach and strategies [of bridge and stock investing] are very similar. In the stock market you do not base your decisions on what the market is doing, but on what you think is rational. With bridge, you need to adhere to a disciplined bidding system. While there is no one best system, there is one that works best for you. Once you choose a system, you need to stick with it.
“A battle goes on in the stock market and the tape is your telescope. You can depend upon it seven out of ten cases.”
Source: Reminiscences of a Stock Operator (1923), Chapter I, p. 2
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Edwin Lefèvre 28
American journalist 1871–1943Related quotes
Source: Debunking Economics - The Naked Emperor Of The Social Sciences (2001), Chapter 10, The Price Is Not Right, p. 216
“The stock market is not the economy, and the economy is not the stock market.”
repeatedly on his radio program " Marketplace APM https://www.marketplace.org/2019/09/30/the-stock-market-is-not-the-economy/" (September 2019)
A Theory of Roughness (2004)
"A Crash Course for Central Bankers," Foreign Policy (September/October 2000)
Source: The Four Pillars of Investing (2002), Chapter 4, The Perfect Portfolio, p. 108.
Quote from The private lives of the Impressionists, Sue Roe, Harpen Collins Publishers, New York 2006, p. 34
quotes, undated
“The stock market teaches you the hard way - it's all in the margin.”
Part IV, Intellectual Property, Publishing Chips in Taiwan, p. 135.
Running Money (2004) First Edition
His opinion on the loyalty of Zionists to the United States
Willard Hotel speech (1961)