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Everyday I assume every position I have is wrong.

( Paul Tudor Jones )

In the business world, the rearview mirror is always clearer than the windshield.

( Warren Buffett )

The most important thing about an investment philosophy is that you have one.

( David Booth )

No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.

( Robert Rhea )

The goal of a successful trader is to make the best trades. Money is secondary.

( Alexander Elder )

No matter what kind of math you use, you wind up measuring volatility with your gut.

( Ed Seykota )

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 )