As long as you enjoy investing or trading, you'll be willing to do the homework and stay in the game.
( Jim Cramer )
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 )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
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 )
I believe in analysis and not forecasting.
( Nicolas Darvas )
There is nothing riskier than the widespread perception that there is no risk.
( Howard Marks )
The most dangerous people in the world are very smart traders who have never gotten their teeth kicked in.
( F. Helmut Weymar )