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 )
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
( Paul Samuelson )
The investor’s chief problem — and even his worst enemy — is likely to be himself.
( Benjamin Graham )
The good thing about science is that it’s true whether or not you believe in it.
( Neil deGrasse Tyson )
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 )
Survival is the only road to riches.
( Peter L. Bernstein )