Price is what you pay. Value is what you get.
( Warren Buffett )
I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock.
( Jesse Livermore )
Speculation is dealing with the uncertain conditions of the unknown future. Every human action is a speculation in that it is embedded in the flux of time.
( 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 )
Every once in a while, the market does something so stupid it takes your breath away.
( Jim Cramer )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )
The most dangerous people in the world are very smart traders who have never gotten their teeth kicked in.
( F. Helmut Weymar )