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 )
It’s ok to be wrong; it’s unforgivable to stay wrong.
( Martin Zweig )
All intelligent investing is value investing.
( Charlie Munger )
The most important thing about an investment philosophy is that you have one.
( David Booth )
An investment in knowledge always pays the best interest.
( Benjamin Franklin )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.
( Sir John Templeton )