Quote

So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices.

One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It's your window into a very large world.

In essence, the stock market represents three separate categories of business.They are, adjusted for inflation, those with shrinking intrinsic value, those with approximately stable intrinsic value, and those with steadily growing intrinsic value.

I just like to keep my money in the bank; I'm not a big risk-taker. I don't know anything about the stock market... I stay away from things I don't know anything about.

But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose.

The stock market to me was like a video game. When it went off, it was like turning the game off. It wasn't something I'd think about until I'd turn the machine on again.

All my money is in a savings account. My dad has explained the stock market to me maybe 75 times. I still don't understand it.

Most people might just as well buy a share of the whole market, which pools all the information, than delude themselves into thinking they know something the market doesn't.

The main purpose of the stock market is to make fools of as many men as possible.

To beat the market you'll have to invest serious bucks to dig up information no one else has yet.