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It’s ok to be wrong; it’s unforgivable to stay wrong.

( Martin Zweig )

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 )

There are old traders and there are bold traders, but there are very few old, bold traders.

( Ed Seykota )

The investor’s chief problem — and even his worst enemy — is likely to be himself.

( 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 )

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.

( Sir John Templeton )

Investing is the intersection of economics and psychology.

( Seth Klarman )