I know where I’m getting out before I get in.
( Bruce Kovner )
The individual investor should act consistently as an investor and not as a speculator.
( Ben Graham )
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 )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
The policy of being too cautious is the greatest risk of all.
( Jawaharlal Nehru )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )
If all the economists were laid end to end, they'd never reach a conclusion.
( George Bernard Shaw )