Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
( Peter Lynch )
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 )
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
( Paul Samuelson )
When a falling stock becomes a screaming buy because it cannot conceivably drop further, try to buy it thirty percent lower.
( Al Rizzo )
In investing, what is comfortable is rarely profitable.
( Robert Arnott )
Investing is not supposed to be easy. Anyone who finds it easy is stupid.
( Charlie Munger )
There is nothing riskier than the widespread perception that there is no risk.
( Howard Marks )