Ability Quote by Eugene Fama

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 is general agreement among researchers that nearly all stock pickers, whether they know it or not-and few of them do-are playing a game…

— Daniel Kahneman

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

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

The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers.

— Barry Ritholtz

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

There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown…

— Daniel Kahneman

Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can…

— Warren Buffett

The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I…

— Victor Sperandeo

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

— Charlie Munger

History constantly reminds us that in an uncertain world there is no visibility of prospects. Future earnings cannot be predicted with accuracy.

— David Dreman