Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )
Buy not on optimism, but arithmetic.
( Benjamin Graham )
Patterns of price movement are not random. However, they're close enough to random.
( Jim Simons )