Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
( Warren Buffett )
Investors should remember that excitement and expenses are their enemies.
( Warren Buffett )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
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 )
Every once in a while, the market does something so stupid it takes your breath away.
( Jim Cramer )
Cut short your losses, and let your profits run on.
( David Ricardo )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )