Most investors want to do today what they should have done yesterday.
( Larry Summers )
Price is what you pay. Value is what you get.
( Warren Buffett )
Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.
( Warren Buffett )
If you don’t know who you are, this is an expensive place to find out.
( Adam Smith )
The investor’s chief problem — and even his worst enemy — is likely to be himself.
( Benjamin Graham )
Large price changes tend to be followed by more large changes, positive or negative. Small changes tend to be followed by more small changes. Volatility clusters.
( Benoit B. Mandlebrot )
In investing, what is comfortable is rarely profitable.
( Robert Arnott )