Price is what you pay. Value is what you get.
( Warren Buffett )
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
( Warren Buffett )
If you don’t know who you are, this is an expensive place to find out.
( Adam Smith )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )
Liquidity is only there when you don’t need it.
( Old Proverb )
If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.
( John “Jack” Bogle )