Letting losses run is the most serious mistake made by most investors.
( William O'Neil )
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 )
Those who know don't tell, and those who tell don't know.
( Michael Lewis )
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
( Warren Buffett )
The function of economic forecasting is to make astrology look respectable.
( John Kenneth Galbraith )
If you want a guarantee, buy a toaster.
( Clint Eastwood )
The investor’s chief problem — and even his worst enemy — is likely to be himself.
( Benjamin Graham )