I know where I’m getting out before I get in.
( Bruce Kovner )
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
( Warren Buffett )
The aim is to make money, not to be right.
( Ludwig von Mises )
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 )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )
When a falling stock becomes a screaming buy because it cannot conceivably drop further, try to buy it thirty percent lower.
( Al Rizzo )