Speculation is a hard and trying business, and a speculator must be on the job all the time, or he'll soon have no job to be on.
( Jesse Livermore )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
( Warren Buffett )
Once a boom is well started, it cannot be arrested. It can only be collapsed.
( John Kenneth Galbraith )
The most important thing about an investment philosophy is that you have one.
( David Booth )
The investor’s chief problem — and even his worst enemy — is likely to be himself.
( Benjamin Graham )
When a falling stock becomes a screaming buy because it cannot conceivably drop further, try to buy it thirty percent lower.
( Al Rizzo )