If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
( Warren Buffett )
In a bear market all stocks go down and in a bull market they go up.
( Jesse Livermore )
The most important quality for an investor is temperament, not intellect.
( Warren Buffett )
The aim is to make money, not to be right.
( Ludwig von Mises )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )