Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( 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 )
The best way to make money is to not lose money… or just be 200% long.
( Adam Warner )
Formal education will make you a living; self-education will make you a fortune.
( Jim Rohn )
Liquidity is only there when you don’t need it.
( Old Proverb )
If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.
( John “Jack” Bogle )
Remember that stocks are never too high for you to begin buying or too low to begin selling.
( Jesse Livermore )