All Quotes

# psychology12 quotes

PSYCHOLOGY

Be fearful when others are greedy and greedy when others are fearful.

contrarianpsychologyBerkshire Hathaway Shareholder Letter, 2004

The investor's chief problem — and his worst enemy — is likely to be himself.

behaviorpsychologyThe Intelligent Investor

You have to let winners run. That is the hardest thing to do psychologically. But the math only works if your wins are bigger than your losses.

momentumpsychologyThink and Trade Like a Champion, 2017

Most traders fail because they are inconsistent. They follow their rules when they're winning and abandon them when they're losing. That is exactly backwards.

consistencypsychologyTrading Education Webinar, 2015

The debt snowball works because personal finance is 80% behavior and only 20% math.

debtpsychologyThe Total Money Makeover, 2003

Most personal finance makes you feel guilty. Mine does not. Guilt is not a financial strategy. Systems are.

psychologybehaviorNetflix: How to Get Rich, 2023

Number go up technology is powerful. Do not underestimate what people will do when they see a number going up.

cryptopsychologyTwitter, 2021

Fear and greed are the two biggest enemies of the investor. Learn to use them instead of being used by them.

psychologyfearInvestED Podcast

The most important quality for an investor is temperament, not intellect.

psychologydisciplineValue Investing Congress

Heal your relationship with money first. The strategy comes after.

The behavior gap — the distance between what we should do and what we actually do — is the biggest cost in investing.

behavioral-financeinvestingThe Behavior Gap

Most people don't fail because of the market. They fail because of their own emotions.

psychologydisciplineYouTube channel