stock market

“It's very hard to say whether the stock market's going to up or, going to go up or down tomorrow. So that's a short range question. In some ways, it's easier to predict where the stock market's going to be up or down 10 years from now relative to now that it i…”

“The stock market is largely a bunch of algorithms trading against each other. And in fact, what these algorithms are doing Whether or not they know it is modeling each other.”

“If you look at the exact bottom in the stock market, August, When Mexico defaulted, that was the exact bottom in the stock market”

“We've just become more popular because the type of investing we do makes about double the stock market.”

“There's this idea that the business world is hard and cold and rational, and it's not, it's incredibly emotional. And everybody is biased toward belief because most people stand to make money. If a stock goes up”

“That people say that poker can really help you in the stock market, and I think that that's true, and the reason it can help you become a better investor and make better decisions is the stock market is so damn noisy that when you make bad decisions, there's a…”

“The actual time to hold has gone down to the point where now it's like in, it can be measured in days or hours on average.”

“It's always going to be the case that a very small number of stocks account for the majority of returns. So recently it's been Fang plus Nvidia. If you didn't own those stocks, Fang plus Nvidia over the last decade, your odds of outperforming are very, very lo…”

“There are tremendous values in the stock market, but in buying stocks, not in entire companies. Buying companies tends to raise the purchase price too high.”

“The moment that officers or directors of a company begin to speculate in its stock, the ruin of the company is not far away, for it is impossible to serve both the company and the stock market.”

“Historically, when we talk about the stock market, a good definition of long-term of like really putting the odds of success in your favor is probably 10 years. Of putting, like, earning a real rate of return after inflation, even within the cyclicality of the…”

“And most people, if you ask them the question, how would you feel psychologically right now if the stock market fell? In that exercise, what they do is they imagine a world where everything is exactly the same as it is today, except stocks are half the price.”

“And by and large, what you have to do in capitalism is put up with a never ending chain of uncertainty and volatility and things you didn't see coming. And so it's never fun to deal with that. A recession, a job loss or stock market goes down. It's never, it's…”

“And the idea that let's say if I can be average for 50 years, I'll end up in the top Three percent of investors. That's probably about where it'll be. Historically has been the case that I will outperform 97% of people who tried to beat the market. Maybe it's …”