I know where I’m getting out before I get in.
( Bruce Kovner )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.
( Newton )
The hard part is discipline, patience and judgement
( Seth Klarman )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
Liquidity is only there when you don’t need it.
( Old Proverb )