The stock market is filled with individuals who know the price of everything, but the value of nothing.
( Philip Fisher )
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 )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
( Paul Samuelson )
Optimism means expecting the best, but confidence means knowing how to handle the worst.
( Max Gunther )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )