If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
( Warren Buffett )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
The most important quality for an investor is temperament, not intellect.
( Warren Buffett )
How many millionaires do you know who have become wealthy by investing in savings accounts?
( Robert G. Allen )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
Patterns of price movement are not random. However, they're close enough to random.
( Jim Simons )
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 )