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 )
It’s ok to be wrong; it’s unforgivable to stay wrong.
( Martin Zweig )
The aim is to make money, not to be right.
( Ludwig von Mises )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
An investment in knowledge always pays the best interest.
( Benjamin Franklin )
When a falling stock becomes a screaming buy because it cannot conceivably drop further, try to buy it thirty percent lower.
( Al Rizzo )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )