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 )
Buy things that are going up. Sell things that are going down. And when they stop, get out!
( Rob Smith )
What the wise man does in the beginning, the fool does in the end.
( Proverb )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
Optimism means expecting the best, but confidence means knowing how to handle the worst.
( Max Gunther )
Anyone who is not investing now is missing a tremendous opportunity.
( Carlos Slim )
At the root of all financial bubbles is a good idea carried to excess.
( Seth Klarman )