market fluctuation Quotes

I began to realize that the big money must necessarily be in the big swing.

Reversion to the mean is the iron rule of the financial markets.

I don't think it's the end of the world even if we have a recession. We'll pull back out of it again. No big deal.

… there is little rhyme or reason to the going up or coming down of the [Stock] Market

If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.

Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they're going to be higher or lower in two to three years, you might as well flip a coin to decide.

The stock market has always had its own meter. Sometimes it's ahead of itself, sometimes it's behind itself. A broken watch is right twice a day.

There has always been, and there always will be, an economic cycle.

A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

Obviously, no one knows when the market is going to bottom out, and I am certainly not an economist.

Volatility may be rising simply because investors must digest more information every day.

The boom is called good business, prosperity, and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the market, is called crisis, slump, bad business, depression.

Every few seconds it changes - up an eighth, down an eighth - it's like playing a slot machine. I lose $20 million, I gain $20 million.

We are facing extreme volatility.

If you expect to be a net saver during the next 5 years, should you hope for a higher or lower stock market during that period? Many investors get this one wrong. Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall. This reaction makes no sense. Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.

But my system for over 30 years has been this: When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30.

The investor is neither smart not richer when he buys in an advancing market and the market continues to rise. That is true even when he cashes in a goodly profit, unless either (a) he is definitely through with buying stocks an unlikely story or (b) he is determined to reinvest only at considerably lower levels. In a continuous program no market profit is fully realized until the later reinvestment has actually taken place, and the true measure of the trading profit is the difference between the previous selling level and the new buying level.

The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.

But the time will come when New England will be as thickly peopled as old England. Wages will be as low, and will fluctuate as much with you as with us… hundreds of thousands of artisans will assuredly be sometimes out of work. Then your institutions will be fairly brought to the test.

I don't fully understand movements in the gold price.

On a given day, you can have market fluctuations where prices fluctuate far more than the underlying economic value of the unit.

I always remind myself that what one observes is at best a combination of variance and returns, not just returns.

The business is so upside down now. It's not just about the bling-bling.

Markets shouldn't be moving in a straight line.