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I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock.

( Jesse Livermore )

Those who know don't tell, and those who tell don't know.

( Michael Lewis )

Speculation is dealing with the uncertain conditions of the unknown future. Every human action is a speculation in that it is embedded in the flux of time.

( Ludwig von Mises )

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 )

How many millionaires do you know who have become wealthy by investing in savings accounts?

( Robert G. Allen )

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 )