Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.
( Warren Buffett )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
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 )
Everything should be made as simple as possible, but not simpler.
( Albert Einstein )
They’ve done studies, you know. Sixty percent of the time, it works every time.
( Brian Fantana )
The investor’s chief problem — and even his worst enemy — is likely to be himself.
( Benjamin Graham )
Liquidity is only there when you don’t need it.
( Old Proverb )