What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.
( William O'Neil )
Stocks are bought not in fear but in hope. They are typically sold out of fear.
( Justin Mamis )
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 )
The stock market is a device to transfer money from the impatient to the patient.
( Warren Buffett )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
Liquidity is only there when you don’t need it.
( Old Proverb )