Wednesday, January 11, 2006

Quotes From Masters

Quotes From Masters:

  • In the short run, it's a voting machine, in the long run, it's a weighing machine. - Warren Buffet on how the market works
  • The world's greatest investors can't predict the future. "I am a nervous investor. Nobody knows what will happen tomorrow or next year. ... But [with] four things -- diversification, tax efficiency, lower costs, a long time horizon -- you will capture the returns that this uncertain stock market is kind enough to deliver." - Jack Bogle, founder of the hugely successful Vanguard Group. Fool.com
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