A fool may earn money, but it takes a wise man to keep it.
( Scotland )
I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock.
( Jesse Livermore )
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 )
The aim is to make money, not to be right.
( Ludwig von Mises )
It’s ok to be wrong; it’s unforgivable to stay wrong.
( Martin Zweig )
If you don’t know who you are, this is an expensive place to find out.
( Adam Smith )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )