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 )
Letting losses run is the most serious mistake made by most investors.
( William O'Neil )
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
( Warren Buffett )
Time is your friend; impulse is your enemy.
( John Bogle )
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 )
If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
( Peter Lynch )
All intelligent investing is value investing.
( Charlie Munger )