彼得林奇 英文语录

彼得林奇英文语录
1.The person that turns over the most rocks wins the game.
2.In this business, if you're good, you're right six times out of ten.
3.Everyone has the brainpower to make money in stocks, but not everyone has the stomach.
4.Your investor's edge is not something you get from Wall Street experts. It's something you already have.
5.The stock market is filled with individuals who know the price of everything, but the value of nothing.
6.The stock market is a device for transferring money from the impatient to the patient.
7.Behind every stock is a company. Find out what it's doing.
8.There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.
9.If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
10.In the long run, a portfolio of well-chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or
a money-market account.
11.If you don't study any companies, you have the same
success buying stocks as you do in a poker game if you bet without looking at your cards.
12.In the short run, the market is a voting machine, but in the long run, it is a weighing machine.
13.Go for a business that any idiot can run –because sooner or later, any idiot probably is going to run it.
14.If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.
15.The more time you have to spend worrying about your portfolio, the less time you’ll have to spend enjoying your money.
16.The best stock to buy may be the one you already own.
17.Buy a stock the way you would buy a house. Understand and like it such that you'd be content to own it in the absence of any market.
18.Investing without research is like playing stud poker and never looking at the cards.
19.The key to making money in stocks is not to get scared out of them.
20.Your investor's edge is not something you get from an education. It's something you bring to the table.
21.A big part of successful investing is just avoiding disasters.
22.If you are prepared to invest in a company, then you ought
to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won’t get bored.
23.Go for a business that any idiot can run –because sooner or later, any idiot probably is going to run it.
24.The simpler it is, the better I like it.
25.During the gold rush, most would-be miners lost money, but people who sold them picks, shovels, tents and blue-jeans (Levi Strauss) made a nice profit.
26.Investing should be more like watching paint dry or watching grass grow. If you want excitement, take 800 and go to Las Vegas.
27.The stock market is filled with individuals who know the price of everything, but the value of nothing.
28.Time is on your side when you own shares of superior companies.
29.You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
30.The key to making money in stocks is not to get scared out of them.
31.Know what you own, and know why you own it.
32.There are no shortcuts to getting rich.
33.Although it’s easy to forget sometimes, a share is not a lottery ticket... it’s part-ownership of a business.
34.I never invest in anything I don't understand.
35.Investing without research is like playing stud poker and never looking at the cards.
36.Your investor's edge is not something you get from Wall Street experts. It's something you already have.
37.People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences.
38.Investing in stocks is an art, not a science, and people
who've been trained to rigidly quantify everything have a big disadvantage.
39.If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.
40.The traditional investment approach, focused on minimizing risk, will prove, over time, to be a sure way to lose purchasing power.
41.Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
42.Beating the market is partly a matter of trial and adjustment.
43.All of us are proud fans of technology, but technology is no substitute for valuation.
44.All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical system, for example, is so valuable. It cuts down emotion.
45.My biggest mistake is probably weighing the conviction of my beliefs too heavily in favor of personal experience.
46.Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
47.Finding opportunities requires a deep understanding of industries, companies, people, and psychology.
48.Behind every stock is a company. Find out what it’s doing.
49.The basic story remains simple and never-ending. Stocks aren’t lottery tickets. There’s a company attached to them.
50.No one really knows what’s going to happen in the next three months or six months. You never do.
51.In this business, if you’re good, you’re right six times out of ten.
52.The successful investor is usually an individual who is inherently interested in business problems.
53.If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
54.If you can’t stomach a 50 fall in a stock, the stock market is no place for you.
55.There is always something to worry about. Avoid weekend thinking and ignore the latest dire predictions of the newscasters.
56.Forget the economy, focus on individual stocks.
57.Absent a lot more accompaniment by lower price/earnings ratios, in the future, returns will be less rewarding than they have been over the past several years
58.I just always believe you can find something in the market every single day.
59.People somehow think you must buy at the bottom and sell at the top to be successful in the stock market. That’s nonsense!
60.More money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.
61.The stock market is filled with individuals who know the price of everything, but the value of nothing.
62.Investing without research is like playing the roulette wheel.
63.You get recessions, you have stock market declines. If you
don't understand that's going to happen, then you're not ready, you won't do well in the markets.
64.A stock market decline is as routine as a January blizzard in Colorado. If you're prepared, it can't hurt you. It's like having a sale at Macy's. If you're prepared, the guy next to you, who isn't prepared, is going to pay more than you.
65.Your investor's edge is not something you get from Wall Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand.
66.The stock market is filled with individuals who know the price of everything, but the value of nothing.
67.If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes.
68.You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
69.The simpler it is, the better I like it.
70.In the long run, it's not just how much money you make, but how much money you keep.
71.When stock prices are low, fear is widespread, and there's nothing you can imagine that won't be discussed. At that time,
everything seems like a potential banana peel.
72.The fastest way to end a bear market is to start a bull market.
73.In this business, if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.
74.The key to making money in stocks is not to get scared out of them.
75.There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.
76.The more time you spend in this business, the better investor you become.
77.Investing should be more like watching paint dry or watching grass grow. If you want excitement, take 800 and go to Las Vegas.
78.A weak economy doesn't mean a weak currency.
79.It's not whether you're right or wrong that's important, but how much money you make when you're right and how much money you lose when you're wrong.
80.You buy a stock when the quarterlies are terrible, and everybody says they hate it. Then, you sell it when the approval's all over the front pages and everybody says they own it.
81.The stock market is filled with individuals who know the
price of everything, but the value of nothing.
82.Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves.
83.In the stock market, the most important organ is the stomach. It's not the brain.
84.Owning stocks is like having children - don't get involved with more than you can handle.
85.You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
86.Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.
87.The best stock to buy may be the one you already own.
88.Frequently, I’m asked if there is one common mistake that all investors make. My response is usually that they tend to get too emotional. Indeed, the investor’s chief problem and even his worst enemy is likely to be himself.
89.The older I get, the smarter my father seems to get.
90.Spend at least as much time researching a stock as you would choosing a refrigerator.
91.The key to making money in stocks is not to get scared out of them.
92.On the average, people have moved their money into bonds and out of stocks five times more often than stocks have moved into bonds.
93.The overwhelming majority of people will always follow the crowd, and for the rest, it still seems impossible to enforce discipline upon yourself.
94.If you’re worried about missing it, take a percentage of what you would invest and invest it now.
95.Market timing is a wicked and elusive beast. The inability of most timers to predict markets in any predictable way explains why investors have earned higher returns from their mutual funds than have mutual funds from their investors.
96.If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes.
97.I’m always more interested in who’s stating the facts than in what the facts actually are.
98.The best way to gauge the mood of institutional investors is to watch the mutual fund asset levels. The mood can change long before the market does.
99.The more that prices fluctuate, the more speculative stocks
may look attractive, because large earnings can be expected. But one of the primary rules of highly successful investors is that speculation leads to losses.
100.Not everybody has to be an expert on stocks, but being conversant in the essentials of investing is important because you have to understand your own investment decisions and you should be able to explain them to others.
101.Investing without research is like playing stud poker and never looking at the cards.
102.Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
103.Your investor's edge is not something you get from Wall Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand.
104.We've long felt that the only value of stock forecasters is to make fortune tellers look good.
105.The stock market is filled with individuals who know the price of everything, but the value of nothing.
106.More money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in the corrections themselves.
107.The key to making money in stocks is not to get scared out of them.
108.People who succeed in the stock market also accept periodic bouts of abject terror.
109.The stock market is not a risk-free way to make money, but it's the best way.
110.If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
111.I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
112.The stock market is a giant distraction to the business of investing.
113.All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out.
114.Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in the corrections themselves.
115.Bull markets go to people's heads. If you're a duck on a
pond, and it's rising due to a downpour, you start going up in the world.
116.Investing in stocks can be highly rewarding because the best prospects can outperform the average stock by a factor of
2-to-1 or 5-to-1 or greater.
117.If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
118.Know what you own, and know why you own it.
119.Investing should be more like watching paint dry or watching grass grow. If you want excitement, take 800 and go to Las Vegas.
120.The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them.
121.Investing without research is like playing stud poker and never looking at the cards.
122.You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
123.All stock investors are gamblers because it's a zero-sum game...
124.All normal people hate bear markets. I hate them myself but that's the way the system works. And who doesn't love a
bargain?
125.People with a growth mindset believe that they can improve their abilities over time. This belief leads to a desire to learn and a tendency to embrace challenges and persevere in the face of obstacles.
126.The stock market is filled with individuals who know the price of everything, but the value of nothing.
127.Market timing is a wicked idea. Don't try it; you'll drain away your IQ.
128.Your life doesn’t get better by chance, it gets better by change.
129.To make money in stocks you must have the vision to see them, the courage to buy them and the patience to hold them.
130.If you have more than 120 or 130 I.Q. points, you can afford to give the rest away.
131.Legendary investments are made by buying what everyone hates.
132.The market is filled with people who know the price of everything but the value of nothing.
133.Behind every stock is a company. Find out what it's doing.
134.If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader
could understand, and quickly enough so the fifth grader won't get bored.
135.Predicting rain doesn't count. Building arks does.
136.Too often, investors buy stocks based on a headline result and then sell the stock based on short-term volatility or negative news stories. Take a long-term view and be patient to see the real value unfold.
137.Long-term success in the market demands a consistent approach, not chasing after the latest hot stock.
138.Success in the stock market doesn't require an extraordinarily high IQ or exceptional business insights. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework.
139.When markets go down, you must resist the urge to sell. When markets go up, you must resist the urge to buy.
140.Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested.。