SOME POPULAR QUOTES ABOUT MARKET

 The way to make money is to buy when blood is running in the streets.

It sounds pretty callous, but it’s true. Take a look at any stock chart over a long period, and you’ll see some pretty big dips. Those were obviously the best buying opportunities, but they were also the times when the experts were urging you to sell. It takes courage to buy when everyone else is running for the hills, but if you believe in the long-term fundamentals of the company involved, it’s the right thing to do.

“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”

Most of the people quoted in this article got rich slowly. They took advantage of long-term growth, the compounding effect – things that are dull, but effective. When they’d bought a stock, they didn’t worry about every zig and zag of the price. They were thinking decades, not minutes.

"In the short run, the market is a voting machine, but in the long run it is a weighing machine.”

Will the market go up or down today? It depends on the confidence of thousands of investors and traders (mostly institutional), which can shift from bullishness to panic in a heartbeat. Will the market go up or down over the next ten years? It depends on how much money companies make in that time. That’s what Graham was saying, and it’s a valuable lesson. Try to tune out the popularity contest, and focus on weighing the merits of each investment.