What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.
( William O'Neil )
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 )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
A bull market is like sex. It feels best just before it ends.
( Barton Biggs )
Successful investing is anticipating the anticipations of others.
( John Maynard Keynes )
Investing is not supposed to be easy. Anyone who finds it easy is stupid.
( Charlie Munger )
If it’s obvious, it’s obviously wrong.
( Joe Granville )