In the business world, the rearview mirror is always clearer than the windshield.
( Warren Buffett )
I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock.
( Jesse Livermore )
Stocks are bought on expectations, not facts.
( Gerald M. Loeb )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
The hard part is discipline, patience and judgement
( Seth Klarman )
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 )
Optimism means expecting the best, but confidence means knowing how to handle the worst.
( Max Gunther )