The most important quality for an investor is temperament, not intellect.
( Warren Buffett )
The hard part is discipline, patience and judgement
( Seth Klarman )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
Formal education will make you a living; self-education will make you a fortune.
( Jim Rohn )
The four most dangerous words in investing are; ‘this time it’s different.
( Sir John Templeton )
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 )
If all the economists were laid end to end, they'd never reach a conclusion.
( George Bernard Shaw )