Those who know don't tell, and those who tell don't know.
( Michael Lewis )
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 )
The aim is to make money, not to be right.
( Ludwig von Mises )
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 )
When you invest, you are buying a day that you don’t have to work.
( Aya Laraya )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )