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 )
Patterns don't work 100% of the time.
( Ifan Wei )
The individual investor should act consistently as an investor and not as a speculator.
( Ben Graham )
Liquidity is only there when you don’t need it.
( Old Proverb )
Successful investing is anticipating the anticipations of others.
( John Maynard Keynes )
Investing is not supposed to be easy. Anyone who finds it easy is stupid.
( Charlie Munger )
The stock market is filled with individuals who know the price of everything, but the value of nothing.
( Phillip Fisher )