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At the root of all financial bubbles is a good idea carried to excess.

( Seth Klarman )

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 )

The intelligent investor is a realist who sells to optimists and buys from pessimists.

( Benjamin Graham )

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

( Max Gunther )

Risk cannot be eliminated; it just gets transferred and spread.

( Howard Marks )

Remember that stocks are never too high for you to begin buying or too low to begin selling.

( Jesse Livermore )