Most investors want to do today what they should have done yesterday.
( Larry Summers )
Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.
( 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 )
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 )
Sometimes buying early on the way down looks like being wrong, but it isn’t.
( Randy Thurman )
The individual investor should act consistently as an investor and not as a speculator.
( Ben Graham )
Cut short your losses, and let your profits run on.
( David Ricardo )