Every philosophy has its own strengths and weaknesses because none of them are guaranteed to work in every market cycle. You have to develop a philosophy that work best for you. Numerous investment philosophies dictate when and how to buy and sell stock, bonds, real estate, and other assets, but none of these philosophies are universally true. “There’s so much disagreement about investing, and it’s because nobody knows.” - Robert J. Related: What Would Warren Buffett Do? 12 Quotes for Smarter Investing 2. Master your ego, so when others egos get the best of them, you can profit.

For those of us who don’t, you must temper your confidence and assume you’re no better than anyone else who invests. Sadly, only a few lucky monkeys will be able to do so. We assure ourselves we can outperform other investors. We all believe in our unique ability to be better than the rest. “The first principle is that you must not fool yourself and you are the easiest person to fool.” - Richard P. 10 Impactful Quotes That Could Change the Way You See Investing 1. The following is a list of my favorite investing quotes. A healthy sense of skepticism towards your investing ideas can help you spot weaknesses in your thinking, so unforeseen risk doesn’t blindside your investments. Also, it shows that even the best investors need to maintain a sense of uncertainty when investing because even the best investment decisions can result in losses. Some of these quotes conflict, and that doesn’t mean we should discount them it means we should take into consideration that everyone has different time horizons, goals, and risk tolerances when it comes to investing. While the quotes are short, the wisdom they relay to us speaks volumes. Most of what has been said about investing can be boiled down to concise and impactful quotes. Luckily, investing doesn’t have to be that complicated.

The worst part is you can read all of this information and wind up more confused than you started. When you’re new to investing, it’s easy to get overwhelmed by the thousands of investment books, blogs, and forums you can read.

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