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In the business world, the rearview mirror is always clearer than the windshield.

( Warren Buffett )

In a bear market all stocks go down and in a bull market they go up.

( Jesse Livermore )

Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.

( Warren Buffett )

The most important thing about an investment philosophy is that you have one.

( David Booth )

Only when the tide goes out do you discover who’s been swimming naked.

( Warren Buffett )

The goal of a successful trader is to make the best trades. Money is secondary.

( Alexander Elder )

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 )