Martin Zweig famous quotes
Last updated: Sep 5, 2024
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Patience is one of the most valuable attributes in investing.
-- Martin Zweig -
To me, the "tape" is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape!
-- Martin Zweig -
Near the top of the market, investors are extraordinarily optimistic because they've seen mostly higher prices for a year or two. The sell-offs witnessed during that span were usually brief. Even when they were severe, the market bounced back quickly and always rose to loftier levels. At the top, optimism is king, speculation is running wild, stocks carry high price/earnings ratios, and liquidity has evaporated. A small rise in interest rates can easily be the catalyst for triggering a bear market at that point.
-- Martin Zweig -
I measure what's going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend.
-- Martin Zweig -
The idea is to buy when the probability is greatest that the market is going to advance.
-- Martin Zweig -
One of the frustrating things for people who miss the first rally in a bull market is that they wait for the big correction and it never comes. The market just keeps climbing and climbing. It feeds on itself in frenzied fashion and propels prices considerably higher for six months or so, and sometimes longer.
-- Martin Zweig -
It's OK to be wrong; it's unforgivable to stay wrong.
-- Martin Zweig -
Too many people are apt to redeem their profits too quickly. In a huge bull market they wind up with piddling profits, only to watch their former holdings soar. That usually prompts them into making mistakes later when, believing that the market owes them some money, they buy at the wrong time at much higher levels.
-- Martin Zweig
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I have never known much good done by those who affected to trade for the public good.
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The best approach here if at all possible is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is resilient in case an asset price bubble bursts in the future.
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An investment in knowledge pays the best interest. When it comes to investing, nothing will pay off more than educating yourself. Do the necessary research, study and analysis before making any investment decisions.
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As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.
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Beware of those who attribute petty instructions to God.
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Moping is an unattractive attribute in a man.
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The thing women must do to rise to power is to redefine their femininity. Once, power was considered a masculine attribute. In fact power has no sex.
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Everything I discovered was new and most of it was really valuable.
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When you are on assignment, film is the least expensive thing in a very practical sense. Your time, the person's time, turns out to be the most valuable thing.
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When I came to know theater, drama became valuable to me.
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