QuoteProject
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.
Barbara Corcoran
ShareWTF𝕏

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

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
Buy 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
Barbara CorcoranRead
I have a theory and I really believe it. I think your worst weakness can become your greatest single strength.
Barbara CorcoranRead
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

Similar quotes

Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.
John C. BogleRead
Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the wrong time.
David DremanRead
Growth and value investing are joined at the hip.
Warren BuffettRead
You shouldn't just pick a stock - you should do your homework.
Peter LynchRead
There's quite a bit of evidence that even professionals don't show any ability to pick stocks or to predict market rollbacks. Most of the people we identify as skilled based on returns have probably just been lucky.
Eugene FamaRead
Whenever you hear a discussion about the short-term swings in any given stock's price, your immediate thought should be whether it matters to why you are investing.
Barry RitholtzRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.