Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
( Peter Lynch )
Most investors want to do today what they should have done yesterday.
( Larry Summers )
A fool may earn money, but it takes a wise man to keep it.
( Scotland )
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 )
In investing, what is comfortable is rarely profitable.
( Robert Arnott )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )
Successful investing is anticipating the anticipations of others.
( John Maynard Keynes )