In the business world, the rearview mirror is always clearer than the windshield.
( Warren Buffett )
I know where I’m getting out before I get in.
( Bruce Kovner )
Stocks are bought not in fear but in hope. They are typically sold out of fear.
( Justin Mamis )
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
( Warren Buffett )
The function of economic forecasting is to make astrology look respectable.
( John Kenneth Galbraith )
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 )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )