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Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.

( Warren Buffett )

Letting losses run is the most serious mistake made by most investors.

( William O'Neil )

The hard part is discipline, patience and judgement

( Seth Klarman )

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 stock market is a device to transfer money from the impatient to the patient.

( Warren Buffett )

The function of economic forecasting is to make astrology look respectable.

( John Kenneth Galbraith )

The intelligent investor is a realist who sells to optimists and buys from pessimists.

( Benjamin Graham )