Worried about the recent market drop?

Here are 24 top investing quotes from Buffett, Bogle, Graham, and more that can help🧵
"If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks."

-- John Bogle
"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."

-- Warren Buffett
“Individuals who cannot master their emotions are ill-suited to profit from the investment process”

-- Benjamin Graham
"A calm sea does not produce a skilled sailor."

-- Tom Culve
"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."

-- Peter Lynch
"Risk comes from not knowing what you are doing."

-- Warren Buffett
"Checking your stocks daily is like putting up a webcam in the forest to see if the trees are growing."

-- @privatportfolj
"Success is a lousy teacher. It seduces smart people into thinking they can't lose."

-- Bill Gates
"The investor's chief problem -- and even his worst enemy -- is likely to be himself."

-- Benjamin Graham
“inactivity strikes us as intelligent behavior.”

-- Warren Buffett
"The most important quality for an investor is temperament, not intellect."

-- Warren Buffett
"Patience is bitter, but its fruit is sweet."

-- Jean-Jacques Rosseau
"Patience is necessary, and one cannot reap immediately where one has sown."

--Soren Kierkegaard
"In the business world, the rearview mirror is always clearer than the windshield."

-- Warren Buffett
"People are trying to be smart - all I am trying to do is not be idiotic, but it's harder than most people think."

-- Charlie Munger
"The true investor welcomes volatility."

-- Warren Buffett
"All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies."

-- Warren Buffett
"It won't be the economy that will do in investors; it will be the investors themselves. "

-- Warren Buffett
"Uncertainty is actually the friend of the buyer of long-term value."

-- Warren Buffett
"If Old Faithful turns into a super volcano, blows its top, all stocks will fall to record lows. If that happens, I will dig myself out of the foot of volcanic ash, set up my Internet and buy stocks."

-- Tom Engle
"In dieting and in stocks, it is the gut and not the head that determines the results."

-- Peter Lynch
"Compounding is hard because a bad month can feel longer than a good decade."

-- @morganhousel
"Now is always the hardest time to invest."

-- Bernard Baruch
"Everybody has a plan until they get punched in the face."

-- @MikeTyson

Enjoy your weekend

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More from @BrianFeroldi

3 Mar
5⃣Biases that cause bad investing decisions

and what you can do about them🧵
1⃣Overconfidence Bias

Investors' confidence in their investment decisions is MUCH higher than the actual accuracy of their investment decisions

This is especially prevalent in new investors

I personally followed the Dunning-Kruger effect perfectly Image
The 'cure' for overconfidence bias is experience

I lost money on several "sure thing" stocks

I've since learned to:

1⃣Use checklists/journals/watchlists
2⃣Invest in 0.5% increments
3⃣Add at better value points
4⃣Accept that I'll still be wrong a lot

Read 14 tweets
1 Mar
1/ Tom Engle is a phenomenal investor

He worked a "normal" job for 9 years and has lived off his portfolio ever since (since the 1980s)

How? His brilliant cash management strategy is a big reason why

Here's how it works:⬇️
2/ Let's say Tom's portfolio is $100,000 in the middle of a bull market

Tom is happy with this amount and he wants to protect it

He calls this $100,000 his "protected value"

All his cash management decisions are based on this number
3/ If Tom thinks the market is "fairly valued" he keeps ~12% of his "protected value" in cash

That's $12,000
Read 17 tweets
25 Feb
My top takeaways from my chat with @JonahLupton & @saxena_puru ⬇️
Puru calls Hong Kong home. He loves living there.

0% tax rate on capital gains. That allows him to buy and sell as he pleases with no worries about the taxes

Puru was a professional trader in Asia for many years

Now, he's a full-time investor with his own capital
Puru owns between 15 - 25 high growth stocks at any given time

He looks for strong revenue growth, a competitive advantage, and a massive opportunity

If he likes a stock, he doesn't let valuation keep him from investing
Read 15 tweets
23 Feb
1/ From mountains of debt to financial freedom in 21 years

A 🧵 about a normal guy named Lennie ⬇️
2/ The Motley Fool has a thriving discussion board that has been filled with wisdom over the last 20+ years

I recently came across a post by a Canadian named Lennie and was inspired to share
3/ In 1998, Lennie was 27 years-old

He and his wife "felt trapped" by student loan debt that consumed 30% of their income

They had "no visible path to financial health. Our finances were maxed out."

They could afford the basics, but nothing else
Read 20 tweets
18 Feb
1/ How to think about a stock that is recently up BIG

A 🧵 about my personal history with Anchoring Bias

With $DMTK, $FVRR, $NVCR, $ZM ⬇️
2/ What is anchoring bias?

When the first price that you see influences your future opinion

Ex: I offer you a piece of gum for $0.10. You decline

You change your mind, but the price is now $0.50

Do you buy?

Probably not -- you are 'anchoring' to the original $0.10 price
3/ This comes up ALL THE TIME with investing

$ZM came public at $65 in 2019

Current price: $426

Is it a buy today?

Should you wait for a pullback?

It's really, really hard to convince yourself to pay 8x the price for a stock!
Read 21 tweets
17 Feb
Here are some of the big investors that track:

Altarock Partners
AKO Capital
Appaloosa
Akre Capital
Broad Run
Dorsey Asset
Duquense
Ensemble
Fundsmith
Polen Capital
Third Point

Here are their current top 10 holdings (in order) and links to their latest buys/sells ⬇️
Altarock Partners

Top 7

$TDG
$CHTR
$GOOGL
$FB
$MCO
$MA
$V

whalewisdom.com/filer/altarock…
AKO Capital

Top 10 (in order):

$LIN
$BKNG
$EBAY
$V
$EL
$GOOG
$NKE
$RACE
$OTIS
$PG

whalewisdom.com/filer/ako-capi…
Read 12 tweets

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