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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 )

Investing money is the process of committing resources in a strategic way to accomplish a specific objective.

( Alan Gotthardt )

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 )

The aim is to make money, not to be right.

( Ludwig von Mises )

The individual investor should act consistently as an investor and not as a speculator.

( Ben Graham )

There are old traders and there are bold traders, but there are very few old, bold traders.

( Ed Seykota )

The policy of being too cautious is the greatest risk of all.

( Jawaharlal Nehru )