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Price is what you pay. Value is what you get.

( Warren Buffett )

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

( Warren Buffett )

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 )

There are old traders and there are bold traders, but there are very few old, bold traders.

( Ed Seykota )

Earn as much as you can, save as much as you can, invest as much as you can, give as much as you can.

( John Wesley )

The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.

( Warren Buffett )

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 )