Phil Carret-top ten investment quotes
There are styles in securities as there are in clothes. A security may be undervalued, but if it is also out of style it is of little interest to the speculator. He is, therefore, compelled to study the psychology of the stock market as well as the elements of real value.
Phil Carret
The contrary opinion school has a great deal of validity. When everyone is bullish, why, you should be very concerned.
Phil Carret
The stupid thing we all do is to get more and more bullish as the market goes up and be frightened out of our wits when it goes down.
Phil Carret
Successful speculation requires capital, courage and judgment. The speculator himself must supply all three. Natural good judgment is not enough. The speculator’s judgment must be trained to understand the multitudinous facts of finance.
Phil Carret
If youre doing the right things, a bear market is not going to kill you.
Phil Carret
If you buy them cheap enough, they watch themselves.
Phil Carret
Keep at least half the total fund in income producing securities.
Phil Carret
Be quick to take losses and reluctant to take profits.
Phil Carret
When stocks are high, money rates rising and business prosperous, at least half a given fund should be placed in short-term bonds.
Phil Carret
If you have a good stock, sit on it. Unless you find something thats obviously much better, cheaper.
Phil Carret
Category: investors
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