Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
( Peter Lynch )
If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
( Warren Buffett )
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 dangerous people in the world are very smart traders who have never gotten their teeth kicked in.
( F. Helmut Weymar )
Everything should be made as simple as possible, but not simpler.
( Albert Einstein )
Liquidity is only there when you don’t need it.
( Old Proverb )