56 Thomas W. Phelps Quotes on Life & Investing (SUCCESS)

Top 11 Most Famous Thomas Phelps Quotes (BEST)

“Bet on individuals and organisations fired by the zeal to meet human wants and needs, imbued with enthusiasm over solving mankind’s problems. Not just ones that are there for the profit.”
Thomas Phelps

The big money is not in the buying and the selling, but in the waiting. — The big **money** is not in the buying and the selling, but in the waiting.

To make money in stocks, you need to have vision to see them, courage to buy them and patience to hold them. Patience is the rarest of the three. — To make **money** in stocks, you need to have **vision** to see them, **courage** to buy them and **patience** to hold them. Patience is the rarest of the three.

Market history is filled with examples of companies that returned over 100x on an initial investment. The difficulty is in finding and holding on to those companies over many years. — Market history is filled with examples of companies that returned over 100x on an **initial investment**. The difficulty is in finding and holding on to those companies over many years.

Those of us who ask little of life, get little. Those who ask much, get much, but those who ask for too much get nothing.

When looking for the biggest game, never ever, shoot at anything small.

Don't buy a stock just because it has had a big decline from its high and is therefore ‘cheap’. A stock can be cheap and yet not be attractive. — Don’t buy a stock just because it has had a big decline from its high and is therefore ‘cheap’. A stock can be cheap and yet not be attractive.

Stay with your most successful stock investments as long as they are increasing their earnings. — Stay with your most **successful** stock **investments** as long as they are increasing their earnings.

Most investors are too eager to sell a good position with a small profit rather than hold on for a larger gain.

All of the stock market's secrets are in plain sight. But few eyes can see them. — All of the stock market’s secrets are in plain sight. But few eyes can see them.

Far more money can be made by good stock selection, than by good market timing. — Far more **money** can be made by good stock selection, than by good market timing.

2 Thomas Phelps Quotes on Poker and Investing

In the stock market as in poker, one must only bet when the odds are heavily in your favour. — In the stock market as in **poker**, one must only bet when the odds are heavily in your favour.

In the stock market as in poker, the money tends to move from stupid to intelligent hands. — In the stock market as in **poker**, the **money** tends to move from stupid to **intelligent** hands.

11 Thomas Phelps Quotes About the Stock Market & 100 Baggers

“In the long run, it is not the stock market that must be watched, it is the business itself. A share of stock is not a lottery ticket, but a proportional ownership interest in a going business.”
Thomas Phelps

Many stocks could have been bought at 52 week highs for many years and still turn out 100 to one winners. All one has to do is identify them and stick to them.

All good stocks rise and keep rising, but not everything that is rising is a good stock.

“When you pay for a stock you are not only paying for average growth, but more importantly for superior growth over the future. Therefore you have to evaluate the company in a size 5-6 times its current size, after 6-8 years and check if it still makes sense.”
Thomas Phelps

No matter how profitable, stay away from men, companies and ventures that are based on defrauding rather than helping their customers.

“Betting against the end of the world, and being wrong, means no one will be around to collect. The best time to invest is ‘when the world is ending’ because things either can only get better or nothing will matter.”
Thomas Phelps

Ask yourself if the company you plan to invest into is going to make the world a better place. If no, avoid it like the plague.

“If a company grows at 20% for the next 6 years, it will grow 6x in the next 10 years, and 9,100x in the next 50 years. Try to imagine if the company can grow that big. A large factor is also the current size of the company, which will help determine that.”
Thomas Phelps

The greatest gains in the market have been made by simultaneous increase of earnings along with increase in PE. — The greatest gains in the market have been made by simultaneous increase of earnings along with increase in P/E.

Stocks are bought and sold on the market because both, the buyer and seller hope to benefit by their actions. Neither are there to do another a favour. — Stocks are bought and sold on the market because both, the buyer and seller hope to benefit by their **actions**. Neither are there to do another a favour.

In Alice in Wonderland one had to run fast to stand still, in the stock markets, one who stands still can really make money fast.

8 Thomas Phelps Quotes on Timing the Market

What one buys in the stock market is 34 times more important that when one buys in the market. — What one buys in the stock market is 3/4 times more important that when one buys in the market.

It is more important to be right, than to be quick.

Even if one knew what the stock market is going to do, it will still be more profitable in just keeping your head down and continue to stock pick.

If the price is already down by discounting the worst, there is very limited downside risk, focus on the upside and take a call.

Patience is a virtue, have it if you can, seldom found in a woman, almost never in a man. — **Patience** is a virtue, have it if you can, seldom found in a woman, almost never in a man.

The biggest problem in correcting errors in the market is that stocks look best when they are at the peak and not so great when they are at the bottom.

The shortest route to making money in the market is to buy gold stocks when nobody likes it. The only problem is that good stocks seldom have friends. — The shortest route to making **money** in the market is to buy **gold** stocks when nobody likes it. The only problem is that good stocks seldom have **friends**.

Even if the near term outlook is bad, just continue to hold on.

9 Most Inspiring Thomas Phelps Quotes About Money & Investing

“Never forget that people whose self-interest is diametrically opposed to your own are trying to persuade you to act every day. Who is talking often means more than what is said. Try to identify people whose interests correspond with yours.”
Thomas Phelps

Do not count losses in trading opportunities as loss in profits. The shorter the time one has to hold the stock before it is sold, the more palpable the error in buying it. — Do not count losses in trading **opportunities** as loss in profits. The shorter the time one has to hold the stock before it is sold, the more palpable the error in buying it.

Focus only on multi-bagger ideas, ignore the 100% profit opportunities. — **Focus** only on multi-bagger ideas, ignore the 100% profit **opportunities**.

“Another fallacy is that avoidance of risk is more important that seizure of opportunity. Opportunity can reward you 100 fold, risk on the other hand can only make you loose 1x of your capital.”
Thomas Phelps

The more successful one is at market timing, the greater is the temptation to rely on it and thus miss much greater opportunities of buying right and holding on. — The more **successful** one is at market timing, the greater is the temptation to rely on it and thus miss much greater opportunities of buying right and holding on.

Risk is an essential element in the quest for capital gain. Don’t be dismayed by a loss. Recognise it as one of your costs on the way to a net gain. — **Risk** is an essential element in the quest for capital gain. Don’t be dismayed by a loss. Recognise it as one of your costs on the way to a net gain.

“The ability to foresee is rare and the ability to continue to hold the same buying rational when the stock drops for no apparent reason, is much rarer. Therefore we find it less attractive than before, though it should appear more attractive.”
Thomas Phelps

It is almost a truism that nothing kills a money-making opportunity faster than its widespread popularity.

In investing one always deals with probabilities and possibilities, and no certainties.

2 Thomas Phelps Quotes About Debt

“Many people have been ruined by debt. Many others have made their fortunes with borrowed money. What makes the difference is simply whether the time bought is used profitably.”
Thomas Phelps

Debt is never bad. What one does with it determines the goodness or the badness of the debt. — **Debt** is never bad. What one does with it determines the goodness or the badness of the debt.

10 Wise Thomas Phelps Quotes that will Make You Think

“There is no system, philosophy that will keep an investor from making mistakes or keep him harmless when he is wrong. We never risk our money, unless the odds are largely in our favour, our inescapable losses should therefore look small compared to our profits.”
Thomas Phelps