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 )
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
( Warren Buffett )
Everything should be made as simple as possible, but not simpler.
( Albert Einstein )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
Large price changes tend to be followed by more large changes, positive or negative. Small changes tend to be followed by more small changes. Volatility clusters.
( Benoit B. Mandlebrot )
Liquidity is only there when you don’t need it.
( Old Proverb )