John C. Bogle founded the Mutual Fund Company in 1974, making it into one of the worlds largest and most respected fund sponsors. Fortune Magazine named him one of the four “investment giants” of the 20th century.
He was quoted to say:
“Time is your friend; impulse is your enemy.”
“If you have trouble imaging a 20% loss in the stock market, you shouldn’t be in stocks.”
“When reward is at its pinnacle, risk is near at hand.”
Benjamin Graham is a recognised name in the investment sector. He was known to be an excellent investment manager and financial educator. He authored two books with David Dodd, “The Intelligent Investor” as well as “Security Analysis”.
Some quotes made by this educator/investor/author are:
“It is absurd to think that the general public can ever make money out of market forecasts.”
“To achieve satisfactory investment results is easier than most people realise; to achieve superior results is harder than it looks”.
“Even the intelligent investor is likely to need considerable willpower to keep from following the crowd”.
Phillip Fisher is considered to be one of the most influential investors of all time. His investment philosophies continue to be relevant to this day. He invested in well managed and high quality growth companies which he held onto for the long term. He was an author as well and wrote the book “Common Stocks and Uncommon Profit”.
A couple of his famous quotes are:
“I don’t want a lot of good investments; I want a couple of outstanding ones”.
“I remember my sense of shock some half-dozen years ago when I read a (stock) recommendation to sell shares of a company… The recommendation was not based on any long-term fundamentals. Rather, it was that over the next six months the funds could be employed more profitably elsewhere.”