In the business world, the rearview mirror is always clearer than the windshield.
( 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 )
Buy things that are going up. Sell things that are going down. And when they stop, get out!
( Rob Smith )
The hard part is discipline, patience and judgement
( Seth Klarman )
Everything should be made as simple as possible, but not simpler.
( Albert Einstein )
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 )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )