The most important quality for an investor is temperament, not intellect.
( Warren Buffett )
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 )
Trade the market in front of you, not the one you want!
( Scott Redler )
All intelligent investing is value investing.
( Charlie Munger )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
Optimism means expecting the best, but confidence means knowing how to handle the worst.
( Max Gunther )