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 )
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
( Warren Buffett )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
Sometimes buying early on the way down looks like being wrong, but it isn’t.
( Randy Thurman )
If you want a guarantee, buy a toaster.
( Clint Eastwood )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
When a falling stock becomes a screaming buy because it cannot conceivably drop further, try to buy it thirty percent lower.
( Al Rizzo )