Unbiased Investor Quotes

“Formulating a false story to justify your fears may make you feel better, but it isn't a successful investment strategy.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“The sooner you begin saving, the better your chances to attain more wealth, with the added benefit of reducing the number of contributions you'll need to make.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Once bitten, twice shy isn't a very good investment strategy.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Since money is fungible, efforts to save small amounts on small purchases are absurd if you ignore them during pricier transactions. $1.75 is still worth $1.75.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“More often than not, extreme events revert to the mean—the average—for no other reason than that result is more likely.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“If anyone could anticipate a market drop, no one would ever invest in the market above the level to which it will decline. That is to say, market corrections are unforeseen events.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Unforeseen events are precisely that: unforeseeable. So, timing the market is for biased investors.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“In a case where both the buyer and seller believe they are correct, the most apparent reason for excess trading is overconfidence.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Sleep promotes wellbeing but giving up on a well-constructed investment strategy when markets become volatile is not in the best interest of your financial health.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Just because markets rise doesn't mean that they will continue to grow or that it is time for them to change direction, yet it is pleasing to see patterns from one period to the next.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Just because market corrections are a regular occurrence and there hasn’t been one in a while, doesn't mean that the next is imminent. We want to feel that we can predict patterns which gives us a false sense of security.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Short-cuts are timesavers for a reason: they omit details that can differentiate a profitable decision from one that you regret.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Ironically, investing in many seemingly safe investment options puts conservative investors at the greatest risk of declining purchasing power.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Share prices react so quickly to news that you cannot sell them before the price changes because no keen investor would buy them at the price you want to sell them—they’ve also heard the news.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“The combination of money illusion and compound inflation is the most impactful risk to your retirement plan.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Stocks aren't like a pair of shoes that go on sale but keep the same useful value. The value of stocks are based on their economic prospects, which change constantly.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Your investment choices are distorted through the voice of your experience, and the louder the narrative—the more recent or dramatic—the greater the influence it has over your “independent judgement.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“If you excuse investment concentration by telling yourself that your familiarity with domestic companies or specific sectors helps you understand those investments better, your familiarity bias is the excuse for your familiarity bias.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Buy art because you love it. If it appreciates, great. If not, you appreciate it.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“When investing, the gambler's fallacy will falsely inspire you to see patterns and lead you to think that you can control risk with market timing.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Familiarity bias drags you to the safety of your comfort zone and, in doing so, unwittingly increases your risks by limiting diversification and investment opportunities.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“It is odd behaviour to ignore smaller denominations when transacting high values since large transactions provide the most obvious opportunity to keep more of your money.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“The motivation to break even is so tempting that you'll even consider doing so at greater levels of risk than you'd typically accept. If you've heard the expression "double or nothing," you've seen this bias in action.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“It doesn't matter what you paid for an investment. If it no longer suits your objectives or has poor prospects, you should sell it.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“If you've convinced yourself that a market correction is likely (your belief) to justify holding cash rather than investing (your action), you may be under the influence of cognitive dissonance.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Timing an unforeseeable event is more likely a stroke of luck than skill.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“The motives to sell during a market capitulation are rarely rooted in a long-term plan. If they were, the market would never be oversold.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Timing the market is a biased investor's game.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Everyone who liquidates at the bottom of the market is quick to rationalize, ironically, that they decided to prevent further losses.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“It is a common error to assume that the stock market price is always the proxy for the value of a company's shares.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money