Those who know don't tell, and those who tell don't know.
( Michael Lewis )
How many millionaires do you know who have become wealthy by investing in savings accounts?
( Robert G. Allen )
Only when the tide goes out do you discover who’s been swimming naked.
( Warren Buffett )
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.
( John Templeton )
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 )
Investing is the intersection of economics and psychology.
( Seth Klarman )
Investing is not supposed to be easy. Anyone who finds it easy is stupid.
( Charlie Munger )