Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
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 stock market is a device to transfer money from the impatient to the patient.
( 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 )
A bull market is like sex. It feels best just before it ends.
( Barton Biggs )
The four most dangerous words in investing are; ‘this time it’s different.
( Sir John Templeton )