Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
( warren buffett )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
We don't care about “why.” Real traders only have the time and interest to care about “what” and “when” and “if” and “then.”
( JC Parets )
Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.
( Warren Buffett )
All intelligent investing is value investing.
( Charlie Munger )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )