If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
( Warren Buffett )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
The most important quality for an investor is temperament, not intellect.
( Warren Buffett )
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 )
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 )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
Earn as much as you can, save as much as you can, invest as much as you can, give as much as you can.
( John Wesley )