Bill Gross Quotes

My experience is that very few people have what it takes to be a successful investor, as I discussed in The Arrogance of Stock Picking.

Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.

Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.

I'm going to reveal the grand secret to getting rich by investing. It's a simple formula that has worked for Warren Buffett, Carl Icahn and all the greatest investment gurus over the years. Ready? Buy low, sell high.

You can invest with less risk and make more money in the stock market. All you have to do is not be an average investor. Intelligence is the ability to make finer distinctions.

The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers.

I think you'll do as well as most professionals. Most professionals don't beat the market. Let's not over-rate my industry. But if you have time, you can be in good mutual funds that have good records.

When I was very young, maybe 12 years, I began to make investments.

I invest in funds myself even though I run my own fund for my daughters.

I have never for a minute felt in was my stock picking abilities. I feel that my stock picking abilities aided- I was able to pick out which are the good stocks in the good market, but I have been blessed with a great market.

I've been investing in the stock market for 27 years and, within that time, have helped investors beat the market nearly four to one.

All too often, the pitchmen are selling the notion that if you gain 'control' over your financial destiny - pick your own stocks and execute your own trades - it will be the first step on a short road to riches.

The only reason the stock market is doing so well is because of me. I've always been very good with money.

There's quite a bit of evidence that even professionals don't show any ability to pick stocks or to predict market rollbacks. Most of the people we identify as skilled based on returns have probably just been lucky.

I decided that there was only one place to make money in the mutual fund business, as there is only one place for a temperate man to be in a saloon: behind the bar and not in front of it.

Just because one happens to be wealthy, it doesn't mean you are naturally any good at building an investment operation that is world-class or successful.

Successful investing is all about common sense.

Wise investors won't try to outsmart the market.

There is a natural tendency for investors to devote a significant majority of their time to finding new ideas. After all, uncovering great companies selling at great prices is the lifeblood of successful investing. But in the never-ending quest for the next great idea, investors often give short shrift to their existing investments.

The most important key to successful investing can be summed up in just two words-asset allocation.

But successful investors tend to be not too self-destructive. They tend to be patient, they tend not to follow the crowd, and they tend not to be too guilty about winning.

I've been in real estate for my whole life, I've been trying to sharpshoot the market with my investments, I'm never right. All you need to do is get near the bottom. That's good enough.

I try to stay ahead of things, if you know what I mean. I take the money I make and reinvest it.

The number-one job of the hedge-fund manager is not to make sure that you can retire with a smile on your face - it's for him to retire with a smile on his face.

Buy into good, well-researched companies and then wait. Let's call it a sit-on-your-hands investment strategy.