Insanity is doing the same thing over and over while expecting different results.
( Jesse Livermore )
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 )
Cut short your losses, and let your profits run on.
( David Ricardo )
If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.
( John “Jack” Bogle )
Know what you own, and know why you own it.
( Peter Lynch )