Insanity is doing the same thing over and over while expecting different results.
( Jesse Livermore )
Everyday I assume every position I have is wrong.
( Paul Tudor Jones )
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
( Warren Buffett )
Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.
( Warren Buffett )
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 )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )
There is no such thing as no risk. There’s only this choice of what to risk, and when to risk it.
( Nick Murray )