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Everyday I assume every position I have is wrong.

( Paul Tudor Jones )

Those who know don't tell, and those who tell don't know.

( Michael Lewis )

Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.

( Warren Buffett )

The stock market is a device to transfer money from the impatient to the patient.

( Warren Buffett )

The investor’s chief problem — and even his worst enemy — is likely to be himself.

( Benjamin Graham )

The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.

( Warren Buffett )

Optimism means expecting the best, but confidence means knowing how to handle the worst.

( Max Gunther )