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Who said these famous quotations?

Here’s a bit of fun to start the new year. 

  1. “Pundits forecast not because they know but because they are asked.”
  2.  “My two rules of investing: Rule one – never lose money. Rule two – never forget rule one.”
  3.  "The four most dangerous words in investing are: 'This time it's different.'"
  4. “Go for a business any idiot can run because sooner or later, any idiot probably is going to run it.”
  5.  “If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.”
  6.  “Markets can remain irrational longer than you can remain solvent.”
  7.  "The stock market is filled with individuals who know the price of everything, but the value of nothing."
  8. "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
  9. “October. This is one of the particularly dangerous months to invest in stocks.  Other dangerous months are July, January, September, April, November, May, March, June December, August and February.”
  10. "The stockmarket has reached what looks like a permanently high plateau.”
  11. “Money is better than poverty if only for financial reasons.”
  12. “Conventional wisdom teaches that it is better to fail conventionally than to succeed unconventionally.”
  13. “The markets generally are unpredictable, so that one has to have different scenarios. The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.”
  14. "In investing, what is comfortable is rarely profitable.”
  15. “For I don’t care too much for money, for money can’t buy me love.”
  16.  “Diversification is a protection against ignorance. It makes very little sense to those who know what they are doing.”
  17.  “I am not worried about the deficit. It is big enough to look after itself.”
  18.  “You must not only learn to live with tension, you must seek it out. You must learn to thrive on stress.”
  19.  “You never count your money when you’re sittin’ at the table. There’ll be time enough for countin’, when the dealin’s done.”
  20.  “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.”

 

Thanks to Select Asset Management for this instructive list of quotations. Your Christmas parties must be great fun.

And here are the answers:

  1. John Kenneth Galbraith
  2. Warren Buffett
  3. Sir John Templeton
  4. Peter Lynch
  5. J. Paul Getty
  6. John Maynard Keynes
  7. Phillip Fisher
  8. Warren Buffett
  9. Mark Twain
  10. Irving Fisher
  11. Woody Allen
  12. John Maynard Keynes
  13. George Soros
  14. Robert Arnott
  15. The Beatles
  16. Warren Buffet
  17. Ronald Reagan
  18. J. Paul Getty
  19. Kenny Rogers
  20. Alan Greenspan

 

  •   24 January 2014
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