Letting losses run is the most serious mistake made by most investors.
( William O'Neil )
It’s ok to be wrong; it’s unforgivable to stay wrong.
( Martin Zweig )
If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
( Peter Lynch )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
Liquidity is only there when you don’t need it.
( Old Proverb )