Most investors want to do today what they should have done yesterday.
( Larry Summers )
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
( Warren Buffett )
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 )
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
( Warren Buffett )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
If you want a guarantee, buy a toaster.
( Clint Eastwood )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )