In the business world, the rearview mirror is always clearer than the windshield.
( Warren Buffett )
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 )
A bull market is like sex. It feels best just before it ends.
( Barton Biggs )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
In investing, what is comfortable is rarely profitable.
( Robert Arnott )
There is nothing riskier than the widespread perception that there is no risk.
( Howard Marks )