Wall Street people learn nothing and forget everything.
( Benjamin Graham )
If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
( 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 )
Invest for the long haul. Don’t get too greedy and don’t get too scared.
( Shelby M.C. Davis )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )
Wall Street sells stocks and bonds, but what it really peddles is hope.
( Jason Zweig )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )