Risk comes from not knowing what you're doing.
( 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 )
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 )
The most important thing about an investment philosophy is that you have one.
( David Booth )
The goal of a successful trader is to make the best trades. Money is secondary.
( Alexander Elder )
Patterns of price movement are not random. However, they're close enough to random.
( Jim Simons )