Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
( Peter Lynch )
Everyday I assume every position I have is wrong.
( Paul Tudor Jones )
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 )
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 )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )