Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
Buy things that are going up. Sell things that are going down. And when they stop, get out!
( Rob Smith )
The aim is to make money, not to be right.
( Ludwig von Mises )
What the wise man does in the beginning, the fool does in the end.
( Proverb )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.
( John “Jack” Bogle )