We don't care about “why.” Real traders only have the time and interest to care about “what” and “when” and “if” and “then.”
( JC Parets )
All intelligent investing is value investing.
( Charlie Munger )
If you don’t know who you are, this is an expensive place to find out.
( Adam Smith )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
The investor’s chief problem — and even his worst enemy — is likely to be himself.
( Benjamin Graham )
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 )