More people lost money waiting for corrections and anticipating corrections than the actual corrections.
( Peter Lynch )
The hard part is discipline, patience and judgement
( Seth Klarman )
Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.
( Warren Buffett )
If you don’t know who you are, this is an expensive place to find out.
( Adam Smith )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )