The Best Investing Quotes from Pro-Investors in 2018 and 2019

Investing can be stressful and confusing. But using advice from professional investors can help you to cut through the sea of information available and dig for the best practices you need to succeed.

1. In his letter sent in January of 2017 to the shareholders of Berkshire Hathaway Inc., Warren Buffett said: “What is smart at once price is stupid at another.” Warren Buffett is often viewed as the investing guru of our time.
2. On Jan 10 of 2018, Charlie Munger, Warren Buffet’s partner who is considered an investing guru, has said on CNBC’s show “Squawk Box” that “Yeah sure [on bitcoin] and venture capital, too,” Munger replied. “There are always bubbles … that are going to end badly.”
3. Tidjane Thiam, CEO of global bank Credit Suisse, said on Nov 2 of 2017 in a Reuters interview that “I think most banks in the current state of regulation have little or no appetite to get involved in a currency which has such anti-money laundering challenges.”
4. In his interview with CNBC on Monday, February 27, 2017, Warren Buffett, billionaire investor, said that, “We aren’t smarter now than they were 240 years ago, and we certainly don’t work harder. But once you started opening up human potential, the sky’s the limit. And it’s just starting.” He was referencing, of course, the potential for America’s economy to continually rise against the odds.

 

• In a December 2017 interview with Fortune, David Giroux, portfolio manager of the T. Rowe Price Capital Appreciation Fund (PRWCX), said: “Globally, wherever you look, valuations are high and credit spreads are tight.”

 

1. Jack Bogle, founder of Vanguard, predicted in a November 2017 interview with CNBC that, “Stocks will return about 4% annually over the next decade or so rather than the 10% average annual returns of recent decades.”
2. CEO of JP Morgan Chase, Jamie Dimon, made a controversial bitcoin prediction when he said, “If you’re stupid enough to buy it, you’ll pay the price for it one day,” in an October 2017 “Power Lunch” press conference.
3. Harvard economics professor, Kenneth Rogoff, said in a January 2018 interview with the New York Times that this is the, “Best moment in the global economy since the ‘50s.”
4. Dan Chung, Fred Alger Management CEO and CIO, said in a December 2017 interview with Fortune, “I think China would be in a very strong position for investors. Their Internet industry is just as strong as the U.S. They’re making huge investments in the Silk Road initiative for infrastructure.”
5. Winston Chua, a TrimTabs analyst said in a January 2018 interview with CNBC that, “People are just embracing risks,” of today’s global market.
6. Joseph Stiglitz, Nobel laureate, said that, “Bitcoin is successful only because of its potential for circumvention. It doesn’t serve any socially useful function.” In a December 2017 interview with CNN Money.
7. Savita Subramanian, head of U.S. equity and quantitative strategy at Bank of America Merrill Lynch Global Research said in a December 2017 interview with Fortune that, “By next July [2018] if the market continues to go up, we’ll be in officially the longest bull market, by technical definitions, in history. And it doesn’t feel good to buy equities now.”
8. The Federal Reserve’s newest regional Fed president, Thomas Barkin, said in a speech covered by Reuters in May 2018 that, “The economy’s performance as we sit here today is remarkably strong: above trend growth, low unemployment inflation at target.”
9. Kevin Kennedy, head of Individual Retirement business at AXA US said, “Clients want their financial professionals to move beyond the standard risk tolerance questionnaire and engage them in a thorough discussion of options, including some planning for health care expenses,” in a statement made for AXA US covering the increase in need for financial protection in today’s market.
10. Jim Cramer, host of Mad Money and Co-Anchor of CNBC’s “Squawk on the Street” said in a 2018 interview for CNBC, “Buffett’s comments reveal that he thinks Apple’s ecosystem is superior to others.”
11. In an interview with Mic in March 2018, Bruce Greenwald, a professor of finance and asset management at Columbia Business School, said: “Most people get in trouble specifically when they think of investing as a way to get rich quickly.”
12. Daniel Pinto, JPMorgan’s co-president, said in an interview with Bloomberg Television on March 8, 2018, that, “Markets are going to be nervous, nervous about anything. Nervous about anything that relates to inflation, nervous about anything that relates to growth.”
13. Robert Shiller, a Nobel Prize winner and Yale economics professor, said in a November 2017 interview with CNBC that, “The problem is that if you are talking about passive indexing, that is something that is really free-riding on other people’s work,” he said. “So people say, ‘I’m not going to try to beat the market. The market is all-knowing.’ But how in the world can the market be all-knowing, if nobody is trying — well, not as many people — are trying to beat it?”