Speculation is a hard and trying business, and a speculator must be on the job all the time, or he'll soon have no job to be on.
( Jesse Livermore )
I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock.
( Jesse Livermore )
Letting losses run is the most serious mistake made by most investors.
( William O'Neil )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
A bull market is like sex. It feels best just before it ends.
( Barton Biggs )
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 )