The aim is to make money, not to be right.
( Ludwig von Mises )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
When a falling stock becomes a screaming buy because it cannot conceivably drop further, try to buy it thirty percent lower.
( Al Rizzo )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )
Successful investing is anticipating the anticipations of others.
( John Maynard Keynes )
Buy on the rumor, sell on the news.
( General )