Wall Street people learn nothing and forget everything.
( Benjamin Graham )
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 )
Buy things that are going up. Sell things that are going down. And when they stop, get out!
( Rob Smith )
The best way to make money is to not lose money… or just be 200% long.
( Adam Warner )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
In investing, what is comfortable is rarely profitable.
( Robert Arnott )