---

The aim is to make money, not to be right.

( Ludwig von Mises )

The most important thing about an investment philosophy is that you have one.

( David Booth )

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 )

Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

( Paul Samuelson )

Wall Street sells stocks and bonds, but what it really peddles is hope.

( Jason Zweig )

If you want a guarantee, buy a toaster.

( Clint Eastwood )

No matter what kind of math you use, you wind up measuring volatility with your gut.

( Ed Seykota )