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The trend is your friend until the end when it bends.

( Ed Seykota )

In a bear market all stocks go down and in a bull market they go up.

( Jesse Livermore )

Stocks are bought not in fear but in hope. They are typically sold out of fear.

( Justin Mamis )

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

( Warren Buffett )

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

( 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 )

In investing, what is comfortable is rarely profitable.

( Robert Arnott )