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 )
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 )
Invest for the long haul. Don’t get too greedy and don’t get too scared.
( Shelby M.C. Davis )
The most important thing about an investment philosophy is that you have one.
( David Booth )
As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.
( Jim Cramer )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
Only when the tide goes out do you discover who’s been swimming naked.
( Warren Buffett )