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 )
Everything should be made as simple as possible, but not simpler.
( Albert Einstein )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )
The investor’s chief problem — and even his worst enemy — is likely to be himself.
( Benjamin Graham )
Optimism means expecting the best, but confidence means knowing how to handle the worst.
( Max Gunther )
Survival is the only road to riches.
( Peter L. Bernstein )