William O'Neil Quotes

• My philosophy is that all stocks are bad. There are no good stocks unless they go up in price. If they go down instead, you have to cut your losses fast Letting losses run is the most serious mistake made by most investors.

  William O'Neil

  Running, Mistake, Philosophy

  72 Copy quote

• The whole secret to winning and losing in the stock market is to lose the least amount possible when you're not right.

  William O'Neil

  Winning, Secret, Losing

  50 Copy quote

• So the first thing I learned about how to get superior performance is not to buy stocks that are near their lows, but to buy stocks that are coming out of broad bases and beginning to make new highs.

  William O'Neil

  Firsts, Coming Out, Lows

  45 Copy quote

• It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.

  William O'Neil

  Paradox, Lows, Higher

  57 Copy quote

• 90% of the people in the stock market, professionals and amateurs alike, simply haven't done enough homework.

  William O'Neil

  People, Done, Homework

  William J. O'Neil (2002). “How to Make Money in Stocks: A Winning System in Good Times Or Bad”, McGraw-Hill Companies

  51 Copy quote

• I've never met a successful pessimist.

  William O'Neil

  Successful, Pessimist, Mets

  "Conversation with a maverick investor". Interview with Kevin Marder, www.marketwatch.com. September 13, 2011.

  40 Copy quote

• The market has a simple way of whittling all excessive pride and overblown egos down to size. After all, the whole idea is to be completely objective and recognize what the marketplace is telling you, rather than try to prove that the thing you said or did yesterday or six weeks ago was right. The fastest way to take a bath in the stock market or go broke is to try to prove that you are right and the market is wrong.

  William O'Neil

  Pride, Simple, Ideas

  57 Copy quote

• If you own a portfolio of stocks, you must learn to sell the worst performers first and keep the best a little longer.

  William O'Neil

  Littles, Firsts, Portfolios

  William O'Neil, Amy Smith (2013). “How to Make Money in Stocks and Success Stories”, p.188, McGraw Hill Professional

  42 Copy quote

• The majority of unskilled investors stubbornly hold onto their losses when the losses are small and reasonable. They could get out cheaply, but being emotionally involved and human, they keep waiting and hoping until their loss gets much bigger and costs them dearly.

  William O'Neil

  Loss, Waiting, Majority

  38 Copy quote

• Since the market tends to go in the opposite direction of what the majority of people think, I would say 95% of all these people you hear on TV shows are giving you their personal opinion. And personal opinions are almost always worthless … facts and markets are far more reliable.

  William O'Neil

  Thinking, Personal Opinions, Tv Shows

  38 Copy quote

• Over-diversification is a hedge for ignorance.

  William O'Neil

  Ignorance, Diversification

  Interview with Bill Mann, www.fool.com. June 20, 2002.

  36 Copy quote

• Forget the adage buy low and sell high.

  William O'Neil

  Forget, Lows, Adages

  33 Copy quote

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