Wall Street people learn nothing and forget everything.
( Benjamin Graham )
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 )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
I can calculate the motions of the heavenly bodies, but not the madness of people.
( Isaac Newton )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )
In trading, the impossible happens about twice a year.
( Henri M Simoes )
At the root of all financial bubbles is a good idea carried to excess.
( Seth Klarman )