Quotes by Scott Kahan

“People should look at this market as a great learning experience. The best learning experience of how much risk you want to take is going through a down market.”

“I know people think three days is long term in the market these days. But if youre a long-term investor, 2, 3, 4 percent swings, which are big moves in a day, are meaningless when you look back.”

“It sounds like a broken record, and its boring. Its something we definitely dont want to keep rubbing in peoples faces. But it goes to show that diversification works.”

“Investors have been buying a lot of securities in the last year that havent made a lot of sense to buy. They bought stocks without knowing why, and so now theyre selling stocks without knowing why.”

“I have a feeling this market is going to stay very volatile. But its day-to-day volatility. It scares you. but it shouldnt change your investment strategies.”

“For people who are looking to get into this market, they probably should not have more than 20 percent in tech.”

“For small investors, they probably arent the place to be.”

“People tend to believe that whatever is doing well at the moment will always do well. In the 1990s everybody said value investing was dead and never to return, but managers who stuck to their guns obviously proved that wasnt the case.”

“In sector plays, you should buy after a down period, when the numbers look terrible. But when you look at a fund, if similar funds have done well and one fund has done poorly, you dont use that logic.”

“When people buy the hottest stocks or the hottest funds, they end up having less and less diversification.”