Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
( Warren Buffett )
I know where I’m getting out before I get in.
( Bruce Kovner )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( 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 )
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 )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
A bull market is like sex. It feels best just before it ends.
( Barton Biggs )