A fool may earn money, but it takes a wise man to keep it.
( Scotland )
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 )
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
( Warren Buffett )
The most important quality for an investor is temperament, not intellect.
( 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 )
The individual investor should act consistently as an investor and not as a speculator.
( Ben Graham )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )