Everyday I assume every position I have is wrong.
( Paul Tudor Jones )
In the business world, the rearview mirror is always clearer than the windshield.
( Warren Buffett )
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
( Warren Buffett )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
Patterns of price movement are not random. However, they're close enough to random.
( Jim Simons )
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 )
In investing, what is comfortable is rarely profitable.
( Robert Arnott )