The stock market is a device to transfer money from the impatient to the patient.
( Warren Buffett )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )
If you want a guarantee, buy a toaster.
( Clint Eastwood )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.
( Sir John Templeton )
Cut short your losses, and let your profits run on.
( David Ricardo )
Investing is not supposed to be easy. Anyone who finds it easy is stupid.
( Charlie Munger )