Wall Street people learn nothing and forget everything.
( Benjamin Graham )
In a bear market all stocks go down and in a bull market they go up.
( Jesse Livermore )
The best time to invest is when you have money.
( John Templeton )
The most important quality for an investor is temperament, not intellect.
( Warren Buffett )
The stock market is a device to transfer money from the impatient to the patient.
( Warren Buffett )
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 )
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 )