If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
( Warren Buffett )
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
( Warren Buffett )
I know where I’m getting out before I get in.
( Bruce Kovner )
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 )
If you don’t know who you are, this is an expensive place to find out.
( Adam Smith )
Only when the tide goes out do you discover who’s been swimming naked.
( Warren Buffett )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )