buy low, sell high
(Redirected from buy low and sell high)
English
[edit]Proverb
[edit]- (business, finance) Commonplace investment advice, recommending that a prospective investor purchase an asset at a low cost and sell it later for a high price.
- 1979 March 26, Gerald Clarke, “Books: Man Behind The Tube”, in Time, retrieved 5 October 2015:
- [T]he art of broadcasting, writes William Paley, "is to know what the public is seeking before the public even knows it is looking for something else." As a guide, that advice is about as useful as buy low, sell high.
- 2006 December 11, John P. Reese, “Buying High, Selling Higher”, in Forbes, retrieved 5 October 2015:
- The old investment adage “buy low, sell high” makes perfect intuitive sense, but folks like William O’Neil would prefer to “buy high and sell higher.”
- 2011 May 14, Jennifer Hill, “The 10 biggest investment pitfalls (and how to avoid them)”, in Independent, UK, retrieved 5 October 2015:
- Any savvy investor knows the basic principle of investment: buy low, sell high.
Usage notes
[edit]- Often used in a humorous manner, since this advice is too trite and vague to be helpful in specific situations.
Translations
[edit]commonplace investment advice