Nobody knows nothing.
( John “Jack” Bogle )
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
( warren buffett )
I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock.
( Jesse Livermore )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
We don't care about “why.” Real traders only have the time and interest to care about “what” and “when” and “if” and “then.”
( JC Parets )
The aim is to make money, not to be right.
( Ludwig von Mises )
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 )