Customer Quote by Walter Schloss
“If the market were way over priced, I wouldn't own any stocks.”
About This Quote
If valuations are excessively high, the rational response is to avoid purchasing, preserving capital for better‑priced opportunities.
In simple terms: Don't buy overpriced stocks.
Price discipline protects investments.
Themes
Mood
Type
When to use this quote
- stock selection
- portfolio rebalancing
- financial planning
Key Concepts
Practical Applications
- Set price‑to‑earnings thresholds
- Use a watchlist for price corrections
Questions to Reflect On
- What criteria define 'overpriced' for you?
- How do you balance patience with opportunity cost?
Market timing is difficult; waiting for lower prices may cause missed upside.