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Most investors want to do today what they should have done yesterday.

( Larry Summers )

Nobody knows nothing.

( John “Jack” Bogle )

Stocks are bought on expectations, not facts.

( Gerald M. Loeb )

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 )

Sometimes buying early on the way down looks like being wrong, but it isn’t.

( Randy Thurman )

Optimism means expecting the best, but confidence means knowing how to handle the worst.

( Max Gunther )

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 )