I wanted to be a 150% entrepreneur and a 150% mom, and I found that I was having a very hard time doing both. I was about 75% and 75% - still better than 100%, but not what I was accustomed to at work.
Barbara CorcoranRead
Everybody thinks that they're going to time the market, they're going to sharpshoot the market, and buy right at the bottom. The truth of the matter is that nobody is good at it.
Interpretation
What this quote means
Market timing is a challenging endeavor that most people fail at.
This quote emphasizes the common misconception that individuals can effectively time their investments by predicting market movements, particularly by buying at the lowest point. Barbara Corcoran points out the reality that very few people possess the skill or insight to consistently achieve such timing, highlighting the unpredictability and complexity of the market.
Themes
MarketInvestmentTimingStocksBuyingFailure
In practice
Example use cases
During a financial seminar discussing investment strategies.
More from Barbara Corcoran
All quotes βBuy with your heart, not your head. You can look at all the aspects that make a purchase practical, but that kind of thinking makes it an investment rather than a home.
Barbara CorcoranRead
My husband had a very strong identity and was successful in his life. Thank God for that. There's no way I can control him. I wouldn't stay married to him if I felt I could. I can readily take my business personality into the home. But he forces me to be a partner rather than the boss.
Barbara CorcoranRead
The biggest challenge in business is not the competition, it's what goes on inside your own head
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I have a theory and I really believe it. I think your worst weakness can become your greatest single strength.
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My greatest strength as a child, I realize now, was my imagination. While every other kid was reading and writing, I had seven whole hours a day to practice my imagination. When do you get that space in your life, ever?
Barbara CorcoranRead
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