Experts value the US stock market at around $15 Trillion. If you want a piece of that pie, the only way in is to invest.
Investing in the stock market isn’t as complicated as it seems, but it’s governed by a lot of uncertainties. Many astute investors have made millions this way, many more have lost out.
Get inside the heads of those who’ve played and won. Here are 10 inspirational investment quotes from the world’s most influential investors.
1. Economics Nobel-Prize winner Harry Markowitz
Harry Markowitz has a net worth of approximately $737 Million.
While Markowitz may not be the wealthiest investor ever, he’s hailed as one of the stock market’s all-time superstars. This is mainly due to his work on modern portfolio theory.
Markowitz has the following words of wisdom for investors – “Diversify” and, “Remember that the future will not necessarily be like the past. Therefore we should diversify.”
2. Investment Quotes from Warren Buffett
Known as the most successful investors ever, Warren Buffett is worth over $85 Billion. Apart from his enormous donations to charity over the years, Buffet is well-known for his early business ventures. He bought his first stocks at the age of 11.
One of the best-known Warren Buffet quotes on investment is, ”Whether we’re talking about socks or stocks, I like buying quality merchandise when it’s marked down.”
He’s also coined a few funny investment quotes like, “Only when the tide goes out do you discover who’s been swimming naked.”
3. Donald Bren
Donald Bren is the world’s most successful real estate investor, but his main aim isn’t accumulating vast wealth.
He says, “My two primary areas of focus have been open-space conservation and education, and I expect those to remain my priorities in the future.”
If you have some cash to spare and want to get started in real estate investing, take a look at this website for some sound advice.
4. Michael Milken
Despite his later fall from grace, Michael Milken was an incredibly successful investor during the 1980’s. He echoes Donald Bren’s sentiments on investing –
“My experience indicates that most people who’ve accumulated a great deal of wealth haven’t had that as their goal … Wealth is only a by-product, not the original motivation.”
5. George Soros
Hungarian-born investor, George Soros, is also a philanthropist, author, and political activist.
He is currently worth about $8 Billion and has the following to say about his success –
“I’m only rich because I know when I’m wrong. I basically have survived by recognizing my mistakes.”
6. Carl Icahn
Carl Icahn was the special economic adviser to President Donald Trump during 2017, so he must know his stuff. That and he’s worth over $ 16 Billion.
A master of the hostile takeover, his message carries a dire warning – “You learn in this business: If you want a friend, get a dog”
7. David Rubenstein
Multi-billionaire investor, David Rubenstein has some great advice for when you’re starting out and things aren’t going your way. He says –
“Persist – don’t take no for an answer. If you’re happy to sit at your desk and not take any risk, you’ll be sitting at your desk for the next 20 years.”
As the son of a postman and homemaker, you can believe that Rubenstein didn’t have an easy route to the top.
8. Ray Dalio
Ray Dalio built his company up from a two-bedroom apartment in New York into a firm managing $160 billion in assets. In a recent interview with CNN, Dalio revealed 2 things you should not do if you want to succeed:
- 1. Believe you are always correct
- 2. Not realize your blind spots
This ties in with his well-known quote, “More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.”
9. Alisher Usmanov
Born in Soviet Russia, Alisher Usmanov graduated from the Moscow State Institute of International Relations with a degree in international law. In 1980 he went to jail for fraud and served 6 years in prison. These charges were later declared unjust.
By then Usmanov had already amassed a considerable fortune from diverse investments. He has interests in telecommunications, publishing, and football to name a few.
Usmanov gives credit for his success to intuition –
“First of all, I trust my own instinct, (in) experience that I gained over years and feeling when the moment is right for buying shares. That is what one calls intuition.
10. Carlos Slim
From 2010 to 2013, Carlos Slim was considered the wealthiest individual on earth with a net worth of over $67 Billion. He is currently lying 8th on the leaderboard.
Another early bloomer, Slim made his first investments at the age of 12, after receiving a thorough grounding in finance from his father. After graduating from college, he built his empire up slowly, sometimes working 14 hours a day to get ahead.
Unsurprisingly, his advice is to get started as soon as possible –
“Anyone who is not investing now is missing a tremendous opportunity.”
Money Isn’t Everything
While investment quotes may give you the inspiration to start working on your financial security, we can’t all be billionaires.
These investors have made vast fortunes by putting money in the right place at the right time. It is important to note that they have also invested considerable amounts in people.
They are all philanthropists, donating large percentages of their earnings to worthy charities. A reminder that the best investments you can make are not for financial gain.
Financial quotes and sayings are all very well, but they alone won’t get you to your goals. Keep reading our blog for inspirational sayings and quotes about investing in yourself, staying focused during tough times, or just for a laugh.