Insanity is doing the same thing over and over while expecting different results.
( Jesse Livermore )
Those who know don't tell, and those who tell don't know.
( Michael Lewis )
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 )
Sometimes buying early on the way down looks like being wrong, but it isn’t.
( Randy Thurman )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
Buy not on optimism, but arithmetic.
( Benjamin Graham )
Investing is the intersection of economics and psychology.
( Seth Klarman )