In the business world, the rearview mirror is always clearer than the windshield.
( Warren Buffett )
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
( Warren Buffett )
Those who know don't tell, and those who tell don't know.
( Michael Lewis )
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 )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )