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Stocks are bought on expectations, not facts.

( Gerald M. Loeb )

The best time to invest is when you have money.

( John Templeton )

The hard part is discipline, patience and judgement

( Seth Klarman )

The function of economic forecasting is to make astrology look respectable.

( John Kenneth Galbraith )

Sometimes buying early on the way down looks like being wrong, but it isn’t.

( Randy Thurman )

Optimism means expecting the best, but confidence means knowing how to handle the worst.

( Max Gunther )

Risk cannot be eliminated; it just gets transferred and spread.

( Howard Marks )