Speculation is a hard and trying business, and a speculator must be on the job all the time, or he'll soon have no job to be on.
( Jesse Livermore )
In a bear market all stocks go down and in a bull market they go up.
( Jesse Livermore )
Stocks are bought on expectations, not facts.
( Gerald M. Loeb )
The aim is to make money, not to be right.
( Ludwig von Mises )
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 )
Only when the tide goes out do you discover who’s been swimming naked.
( Warren Buffett )
Buy not on optimism, but arithmetic.
( Benjamin Graham )