Letting losses run is the most serious mistake made by most investors.
( William O'Neil )
The hard part is discipline, patience and judgement
( Seth Klarman )
If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
( Peter Lynch )
The most important thing about an investment philosophy is that you have one.
( David Booth )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
More people lost money waiting for corrections and anticipating corrections than the actual corrections.
( Peter Lynch )