Stocks are bought not in fear but in hope. They are typically sold out of fear.
( Justin Mamis )
The hard part is discipline, patience and judgement
( Seth Klarman )
The aim is to make money, not to be right.
( Ludwig von Mises )
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 )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
The individual investor should act consistently as an investor and not as a speculator.
( Ben Graham )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )