---

Wall Street people learn nothing and forget everything.

( Benjamin Graham )

In the business world, the rearview mirror is always clearer than the windshield.

( Warren Buffett )

The trend is your friend.

( General )

If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.

( Peter Lynch )

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 )

There is no such thing as no risk. There’s only this choice of what to risk, and when to risk it.

( Nick Murray )

There is nothing riskier than the widespread perception that there is no risk.

( Howard Marks )