Letting losses run is the most serious mistake made by most investors.
( William O'Neil )
Speculation is dealing with the uncertain conditions of the unknown future. Every human action is a speculation in that it is embedded in the flux of time.
( Ludwig von Mises )
The most important quality for an investor is temperament, not intellect.
( Warren Buffett )
The best way to make money is to not lose money… or just be 200% long.
( Adam Warner )
As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.
( Jim Cramer )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
Large price changes tend to be followed by more large changes, positive or negative. Small changes tend to be followed by more small changes. Volatility clusters.
( Benoit B. Mandlebrot )