Agreement Quote by Daniel Kahneman

Stock-picking is like gambling: those who win well, seldom bet, but when they do, they bet heavily.

— Charlie Munger

Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat…

— Daniel Kahneman

There's quite a bit of evidence that even professionals don't show any ability to pick stocks or to predict market rollbacks. Most of the…

— Eugene Fama

Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks just as…

— Peter Lynch

Here is a dirty little secret: Stock-picking is wildly overrated. Sure, it makes for great cocktail party chatter, and what is more fun than…

— Barry Ritholtz

You should expect little or nothing from Wall Street stock pickers who hope to be more accurate than the market in predicting the future…

— Daniel Kahneman

My experience is that very few people have what it takes to be a successful investor, as I discussed in The Arrogance of Stock…

— Whitney Tilson

Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a…

— Peter Lynch

As a professional, you can afford to pick some stocks and be wrong about a few of them. To keep your job, you cannot…

— Jeremy Grantham

“If there's a proven track record, the odds are higher that success can be repeated. This is what we investors always hope for.”

— Ziad K. Abdelnour

The traditional thinking has been that the stock market likes certainty.

— Maria Bartiromo

A speculator gambles that a stock will go up in price because somebody else will pay even more for it.

— Benjamin Graham