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 )
It’s ok to be wrong; it’s unforgivable to stay wrong.
( Martin Zweig )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )
If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.
( John “Jack” Bogle )
Buy on the rumor, sell on the news.
( General )
More people lost money waiting for corrections and anticipating corrections than the actual corrections.
( Peter Lynch )
At the root of all financial bubbles is a good idea carried to excess.
( Seth Klarman )