Insanity is doing the same thing over and over while expecting different results.
( Jesse Livermore )
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 )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
A bull market is like sex. It feels best just before it ends.
( Barton Biggs )
Buy not on optimism, but arithmetic.
( Benjamin Graham )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )
There is nothing riskier than the widespread perception that there is no risk.
( Howard Marks )