43+ Thomas Phelps Quotes On Education, Thomas Jefferson And Innovative
Thomas Phelps was a renowned investor, businessman, and author, known for his insightful perspective on the stock market. His quotes provide a wealth of knowledge, distilled from years of experience in the financial world. Reading his quotes is essential for anyone looking to understand the nuances of investing and to gain a clearer picture of the economic landscape. Following is our collection on famous quotes by Thomas Phelps on education, life, leadership.
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- Top 10 Thomas Phelps Quotes
- Short Thomas Phelps Quotes
- Life Lessons
- Famous Thomas Phelps Quotes
Top 10 Thomas Phelps Quotes
- To make money in stocks, you need to have vision to see them, courage to buy them and patience to hold them. Patience is the rarest of the three.
- Market history is filled with examples of companies that returned over 100x on an initial investment. The difficulty is in finding and holding on to those companies over many years.
- Those of us who ask little of life, get little. Those who ask much, get much, but those who ask for too much get nothing.
- When looking for the biggest game, never ever, shoot at anything small.
- Don’t buy a stock just because it has had a big decline from its high and is therefore ‘cheap’. A stock can be cheap and yet not be attractive.
- Stay with your most successful stock investments as long as they are increasing their earnings.
- Most investors are too eager to sell a good position with a small profit rather than hold on for a larger gain.
- All of the stock market’s secrets are in plain sight. But few eyes can see them.
- Far more money can be made by good stock selection, than by good market timing.
- In the stock market as in poker, one must only bet when the odds are heavily in your favour.
Thomas Phelps Short Quotes
- In the stock market as in poker, the money tends to move from stupid to intelligent hands.
- All good stocks rise and keep rising, but not everything that is rising is a good stock.
- What one buys in the stock market is 3/4 times more important that when one buys in the market.
- It is more important to be right, than to be quick.
- Patience is a virtue, have it if you can, seldom found in a woman, almost never in a man.
- Even if the near term outlook is bad, just continue to hold on.
- Focus only on multi-bagger ideas, ignore the 100% profit opportunities.
- In investing one always deals with probabilities and possibilities, and no certainties.
- Debt is never bad. What one does with it determines the goodness or the badness of the debt.
- The last emotion to die in humans is pride.
Thomas Phelps Famous Quotes And Sayings
Many stocks could have been bought at 52 week highs for many years and still turn out 100 to one winners. All one has to do is identify them and stick to them. — Thomas Phelps
No matter how profitable, stay away from men, companies and ventures that are based on defrauding rather than helping their customers. — Thomas Phelps
Ask yourself if the company you plan to invest into is going to make the world a better place. If no, avoid it like the plague. — Thomas Phelps
The greatest gains in the market have been made by simultaneous increase of earnings along with increase in P/E. — Thomas Phelps
Stocks are bought and sold on the market because both, the buyer and seller hope to benefit by their actions. Neither are there to do another a favour. — Thomas Phelps
In Alice in Wonderland one had to run fast to stand still, in the stock markets, one who stands still can really make money fast. — Thomas Phelps
Even if one knew what the stock market is going to do, it will still be more profitable in just keeping your head down and continue to stock pick. — Thomas Phelps
If the price is already down by discounting the worst, there is very limited downside risk, focus on the upside and take a call. — Thomas Phelps
The biggest problem in correcting errors in the market is that stocks look best when they are at the peak and not so great when they are at the bottom. — Thomas Phelps
The shortest route to making money in the market is to buy gold stocks when nobody likes it. The only problem is that good stocks seldom have friends. — Thomas Phelps
Do not count losses in trading opportunities as loss in profits. The shorter the time one has to hold the stock before it is sold, the more palpable the error in buying it. — Thomas Phelps
The more successful one is at market timing, the greater is the temptation to rely on it and thus miss much greater opportunities of buying right and holding on. — Thomas Phelps
Risk is an essential element in the quest for capital gain. Don’t be dismayed by a loss. Recognise it as one of your costs on the way to a net gain. — Thomas Phelps
It is almost a truism that nothing kills a money-making opportunity faster than its widespread popularity. — Thomas Phelps
The only thing worse than making an investment mistake is refusing to admit it and correct it. Usually the faster an error is rectified the less it costs. — Thomas Phelps
Don’t listen to opinions, unless you are also given an insight into the assumptions made for making those opinions. — Thomas Phelps
Just as fastening a seatbelt can save your life, scrupulous attentions to the change in quality of earnings can save you your fortune. — Thomas Phelps
A perfect track record can almost certainly mean that you are also letting a lot of good opportunities pass you. — Thomas Phelps
When you invest into a ‘selling to a bigger fool’ venture, you might be the biggest fool, and just don’t know it yet. — Thomas Phelps
What mathematics cannot do, common sense sometimes can. — Thomas Phelps
The notion that cash is safe and stocks are unsafe is a fallacy. Inflation loss is real. — Thomas Phelps
Inflation is the cruelest tax. — Thomas Phelps
In no civilisation has the value of currency increased, ever. — Thomas Phelps
Life Lessons by Thomas Phelps
- From Thomas Phelps's work, we unearth the lesson of resilience, understanding that even amidst the harshest storms of financial uncertainties, one can navigate with unwavering commitment and a well-planned strategy.
- His writings instill the wisdom of patience, teaching us that the seeds of investment need time for growth, and that impulsive decisions often lead to regrettable losses.
- Lastly, Phelps imparts the importance of independent thinking, encouraging us to not be swayed by the crowd but to analyze, question, and make informed decisions in the vast market of opportunities.
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