Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
The best time to invest is when you have money.
( John Templeton )
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 )
All intelligent investing is value investing.
( Charlie Munger )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
The stock market is a device to transfer money from the impatient to the patient.
( Warren Buffett )
Optimism means expecting the best, but confidence means knowing how to handle the worst.
( Max Gunther )