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20 brilliant quotes from the world’s greatest investors

(Left to right) Charlie Munger, Warren Buffett, Andrew Carnegie, and Robert Kiyosaki. Photos: Getty

Investing can seem daunting – but the experts seem to think it’s easy.

You won’t become a superstar stock-picker overnight, but there are some basic investment lessons such as patience, steadfastness, and simplicity, that all great investors seem to agree on.

Here are some of the best quotes from investing greats (with a generous dose of Warren Buffett).

Robert Rolih, investor, The Million Dollar Decision best-selling author

“Investing is simple. It’s the financial industry that works hard to make it complex!”

Jim Rogers, Quantum Fund Management and Soros Fund Management co-founder

“People are too quick to accept conventional wisdom, because it sounds basically true and it tends to be reinforced by both their peers and opinion leaders, many of whom have never looked at whether the facts support the received wisdom. It’s a basic fact of life that many things ‘everybody knows’ turn out to be wrong.”

Jim Rogers speaks at the Boao Forum for Asia Annual Conference 2018 on April 11, 2018 in Boao, China. Photo by VCG/VCG via Getty

“Index investing outperforms active management year after year.”

Grant Cardone, international sales trainer, American real estate tycoon

“Investing puts money to work. The only reason to save money is to invest it.”

Peter Lynch, American investor, former Magellan Fund fund manager

“You get recession, you get stock market declines. If you don’t understand that’s going to happen, then you are not ready and you will not do well in the markets.”

“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.”

Charlie Munger, Berkshire Hathaway vice chairman

Charlie Munger in an interview on May 4, 2015. Photo by: Lacy O’Toole/CNBC/NBCU Photo Bank via Getty

“The big money is not in the buying and selling. But in the waiting.”

Paul Samuelson, American economist, Nobel Memorial Prize in Economic Sciences winner

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

Robert Kiyosaki, Rich Global founder, American businessman

Donald Trump with Robert Kiyosaki at Trump Tower, NYC on October 12, 2006. Photo: Matt Carasella/ via Getty

“To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game.”

Andrew Carnegie, Scottish-American industrialist, philanthropist

(1896) Portrait of Andrew Carnegie. Photo: Getty

“90% of all millionaires become so through owning real estate.”

Warren Buffett, Berkshire Hathaway CEO and chairman

“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”

“Rule #1: Don’t lose money. Rule #2: Don’t forget Rule #1.”

“Wide diversification is only required when investors do not understand what they are doing.”

“Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas. ”

Alexander Payne and Warren Buffett at a film screening on December 2015, Omaha, US. Photo: Steven Branscombe/Getty Images for Paramount Pictures

“If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.”

“The stock market is a device to transfer money from the impatient to the patient.”

“Do not save what is left after spending but spend what is left after saving.”

“It is not necessary to do extraordinary things to get extraordinary results.”

“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.”

Tony Robbins, life coach, American entrepreneur

“I love quotes… but in the end, knowledge has to be converted to action or it’s worthless.”

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