The trend is your friend until the end when it bends.
( Ed Seykota )
Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.
( Warren Buffett )
It’s ok to be wrong; it’s unforgivable to stay wrong.
( Martin Zweig )
Investors should remember that excitement and expenses are their enemies.
( Warren Buffett )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
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 )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )