More people lost money waiting for corrections and anticipating corrections than the actual corrections.
( Peter Lynch )
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 )
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 )
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 )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
The four most dangerous words in investing are; ‘this time it’s different.
( Sir John Templeton )
Anyone with a pension or retirement is an investor in the stock market.
( Brad Katsuyama )