The stock market is filled with individuals who know the price of everything, but the value of nothing.
( Philip Fisher )
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 )
The stock market is a device to transfer money from the impatient to the patient.
( Warren Buffett )
I can calculate the motions of the heavenly bodies, but not the madness of people.
( Isaac Newton )
The goal of a successful trader is to make the best trades. Money is secondary.
( Alexander Elder )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )