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Wall Street people learn nothing and forget everything.

( Benjamin Graham )

Speculation is a hard and trying business, and a speculator must be on the job all the time, or he'll soon have no job to be on.

( Jesse Livermore )

Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.

( warren buffett )

The most important quality for an investor is temperament, not intellect.

( Warren Buffett )

Only when the tide goes out do you discover who’s been swimming naked.

( Warren Buffett )

Large price changes tend to be followed by more large changes, positive or negative. Small changes tend to be followed by more small changes. Volatility clusters.

( Benoit B. Mandlebrot )

Risk cannot be eliminated; it just gets transferred and spread.

( Howard Marks )