We don't care about “why.” Real traders only have the time and interest to care about “what” and “when” and “if” and “then.”
( JC Parets )
The aim is to make money, not to be right.
( Ludwig von Mises )
Buy & hold stock in companies where you love the product roadmap, sell where you don’t.
( Elon Musk )
All intelligent investing is value investing.
( Charlie Munger )
The function of economic forecasting is to make astrology look respectable.
( John Kenneth Galbraith )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )
I can calculate the motions of the heavenly bodies, but not the madness of people.
( Isaac Newton )