Wall Street people learn nothing and forget everything.
( Benjamin Graham )
I know where I’m getting out before I get in.
( Bruce Kovner )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
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 )
Earn as much as you can, save as much as you can, invest as much as you can, give as much as you can.
( John Wesley )
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 )
Know what you own, and know why you own it.
( Peter Lynch )