Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
( 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 )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
Patterns of price movement are not random. However, they're close enough to random.
( Jim Simons )
The four most dangerous words in investing are; ‘this time it’s different.
( Sir John Templeton )
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.
( Sir John Templeton )