Insanity is doing the same thing over and over while expecting different results.
( Jesse Livermore )
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 )
It’s ok to be wrong; it’s unforgivable to stay wrong.
( Martin Zweig )
How many millionaires do you know who have become wealthy by investing in savings accounts?
( Robert G. Allen )
The individual investor should act consistently as an investor and not as a speculator.
( Ben Graham )
The investor’s chief problem — and even his worst enemy — is likely to be himself.
( Benjamin Graham )