Speculation is a hard and trying business, and a speculator must be on the job all the time, or he'll soon have no job to be on.
( Jesse Livermore )
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
( warren buffett )
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
( Warren Buffett )
I can calculate the motions of the heavenly bodies, but not the madness of people.
( Isaac Newton )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
In investing, what is comfortable is rarely profitable.
( Robert Arnott )
Survival is the only road to riches.
( Peter L. Bernstein )