Wall Street people learn nothing and forget everything.
( Benjamin Graham )
In the business world, the rearview mirror is always clearer than the windshield.
( Warren Buffett )
The trend is your friend until the end when it bends.
( Ed Seykota )
What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.
( William O'Neil )
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 )
The hard part is discipline, patience and judgement
( Seth Klarman )
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 )