What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.
( William O'Neil )
I know where I’m getting out before I get in.
( Bruce Kovner )
The hard part is discipline, patience and judgement
( Seth Klarman )
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 )
How many millionaires do you know who have become wealthy by investing in savings accounts?
( Robert G. Allen )
Only when the tide goes out do you discover who’s been swimming naked.
( Warren Buffett )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )