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English
Proverb
buy low, sell high
- (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.”
Usage notes
- Often used in a humorous manner, since this advice is too trite and vague to be helpful in specific situations.
Translations
commonplace investment advice
See also