It’s ok to be wrong; it’s unforgivable to stay wrong.
( Martin Zweig )
The most important thing about an investment philosophy is that you have one.
( David Booth )
The function of economic forecasting is to make astrology look respectable.
( John Kenneth Galbraith )
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 )
Sometimes buying early on the way down looks like being wrong, but it isn’t.
( Randy Thurman )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
Every once in a while, the market does something so stupid it takes your breath away.
( Jim Cramer )