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 )
If you don’t know who you are, this is an expensive place to find out.
( Adam Smith )
If you want a guarantee, buy a toaster.
( Clint Eastwood )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )
Buy not on optimism, but arithmetic.
( Benjamin Graham )
Optimism means expecting the best, but confidence means knowing how to handle the worst.
( Max Gunther )
The stock market is filled with individuals who know the price of everything, but the value of nothing.
( Phillip Fisher )