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 )
Trade the market in front of you, not the one you want!
( Scott Redler )
Invest for the long haul. Don’t get too greedy and don’t get too scared.
( Shelby M.C. Davis )
If you want a guarantee, buy a toaster.
( Clint Eastwood )
A bull market is like sex. It feels best just before it ends.
( Barton Biggs )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )