Insanity is doing the same thing over and over while expecting different results.
( Jesse Livermore )
Price is what you pay. Value is what you get.
( Warren Buffett )
Stocks are bought on expectations, not facts.
( Gerald M. Loeb )
Speculation is dealing with the uncertain conditions of the unknown future. Every human action is a speculation in that it is embedded in the flux of time.
( Ludwig von Mises )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )
Once a boom is well started, it cannot be arrested. It can only be collapsed.
( John Kenneth Galbraith )