The stock market is filled with individuals who know the price of everything, but the value of nothing.
( Philip Fisher )
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 )
All intelligent investing is value investing.
( Charlie Munger )
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 )
Buy not on optimism, but arithmetic.
( Benjamin Graham )
Formal education will make you a living; self-education will make you a fortune.
( Jim Rohn )
Liquidity is only there when you don’t need it.
( Old Proverb )