Price is what you pay. Value is what you get.
( Warren Buffett )
Stocks are bought on expectations, not facts.
( Gerald M. Loeb )
I can calculate the motions of the heavenly bodies, but not the madness of people.
( Isaac Newton )
The investor’s chief problem — and even his worst enemy — is likely to be himself.
( Benjamin Graham )
A bull market is like sex. It feels best just before it ends.
( Barton Biggs )
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 )
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.
( Sir John Templeton )