Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
( Peter Lynch )
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 profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.
( Jim Cramer )
Investing is the intersection of economics and psychology.
( Seth Klarman )