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The stock market is filled with individuals who know the price of everything, but the value of nothing.

( Philip Fisher )

Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.

( Warren Buffett )

The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.

( Warren Buffett )

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 )

he stock market is never obvious. It is designed to fool most of the people, most of the time.

( Jesse Livermore )

I believe in analysis and not forecasting.

( Nicolas Darvas )

Liquidity is only there when you don’t need it.

( Old Proverb )