Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
Heart, guts, attitude and the ability to tolerate uncertainty are core to long-term winning.
( Michael Covel )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
All intelligent investing is value investing.
( Charlie Munger )
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 )
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 )
Every once in a while, the market does something so stupid it takes your breath away.
( Jim Cramer )