Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
Letting losses run is the most serious mistake made by most investors.
( William O'Neil )
Buy things that are going up. Sell things that are going down. And when they stop, get out!
( Rob Smith )
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 )
The individual investor should act consistently as an investor and not as a speculator.
( Ben Graham )
The good thing about science is that it’s true whether or not you believe in it.
( Neil deGrasse Tyson )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )