10 Investment Quotes That Will Guide Your 2024

2024 is here with us. Time waits for no man and the year has already started rolling. It is like a train that is always in motion. One has to be keen to always be on board and never to miss a station. 2023 was not kind to the majority of investors.

In 2023, about 6,000 foreign investors exited the Kenyan market leading the value at the Nairobi Securities Exchange (NSE) to drop by more than 27 percent. As the year kicks off, here are 10 quotes that will guide your investments this year:

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“The stock market is designed to transfer money from the active to the patient.” – Warren Buffett. The stock market is not for everyone. It is not for those who want to “get rich fast”. It is for those who have patience.

“Risk comes from not knowing what you’re doing.” – Warren Buffett. They say business is all about taking risks but you cannot be so dumb that you want to take risks for everything including those that you do not know of.

“The best investment you can make is in yourself.” – Warren Buffett. You have to believe in yourself and in what you do. If you do not, who will?

“The stock market is a device for transferring money from the impatient to the patient.” – Sir John Templeton. At the same time, “The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Philip Fisher.

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“In investing, what is comfortable is rarely profitable.” – Robert Arnott

“The four most dangerous words in investing are: ‘This time it’s different.'” – Sir John Templeton

“The goal of a successful investor is to purchase assets that will increase in value over time.” – Seth Klarman

“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” – Robert Kiyosaki

“The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett.

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