Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
( warren buffett )
Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.
( Warren Buffett )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.
( John “Jack” Bogle )
Investing is the intersection of economics and psychology.
( Seth Klarman )