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Nobody knows nothing.

( John “Jack” Bogle )

If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.

( Warren Buffett )

The trend is your friend until the end when it bends.

( Ed Seykota )

The function of economic forecasting is to make astrology look respectable.

( John Kenneth Galbraith )

No matter what kind of math you use, you wind up measuring volatility with your gut.

( Ed Seykota )

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 )

If all the economists were laid end to end, they'd never reach a conclusion.

( George Bernard Shaw )