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 )
They’ve done studies, you know. Sixty percent of the time, it works every time.
( Brian Fantana )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
In investing, what is comfortable is rarely profitable.
( Robert Arnott )
If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.
( John “Jack” Bogle )
If it’s obvious, it’s obviously wrong.
( Joe Granville )
The best stock to buy is the one you already own.
( Peter Lynch )