Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.
( Warren Buffett )
Stocks are bought on expectations, not facts.
( Gerald M. Loeb )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
The function of economic forecasting is to make astrology look respectable.
( John Kenneth Galbraith )
In investing, what is comfortable is rarely profitable.
( Robert Arnott )
There is nothing riskier than the widespread perception that there is no risk.
( Howard Marks )