In the business world, the rearview mirror is always clearer than the windshield.
( Warren Buffett )
If you don’t know who you are, this is an expensive place to find out.
( Adam Smith )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )
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 )
Liquidity is only there when you don’t need it.
( Old Proverb )
If it’s obvious, it’s obviously wrong.
( Joe Granville )
Once a boom is well started, it cannot be arrested. It can only be collapsed.
( John Kenneth Galbraith )