I know where I’m getting out before I get in.
( Bruce Kovner )
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 )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
The policy of being too cautious is the greatest risk of all.
( Jawaharlal Nehru )
Investing puts money to work. The only reason to save money is to invest it.
( Grant Cardone )
Large price changes tend to be followed by more large changes, positive or negative. Small changes tend to be followed by more small changes. Volatility clusters.
( Benoit B. Mandlebrot )
There is nothing riskier than the widespread perception that there is no risk.
( Howard Marks )