If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
( Warren Buffett )
An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.
( Newton )
Everything should be made as simple as possible, but not simpler.
( Albert Einstein )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )
Optimism means expecting the best, but confidence means knowing how to handle the worst.
( Max Gunther )
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 )