Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.
( Warren Buffett )
Trade the market in front of you, not the one you want!
( Scott Redler )
The most important thing about an investment philosophy is that you have one.
( David Booth )
I can calculate the motions of the heavenly bodies, but not the madness of people.
( Isaac Newton )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
Liquidity is only there when you don’t need it.
( Old Proverb )