Speculation is a hard and trying business, and a speculator must be on the job all the time, or he'll soon have no job to be on.
( Jesse Livermore )
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 )
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 )
Investors should remember that excitement and expenses are their enemies.
( Warren Buffett )
Everything should be made as simple as possible, but not simpler.
( Albert Einstein )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
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 )