Insanity is doing the same thing over and over while expecting different results.
( 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 )
I can calculate the motions of the heavenly bodies, but not the madness of people.
( Isaac Newton )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
he stock market is never obvious. It is designed to fool most of the people, most of the time.
( Jesse Livermore )
If all the economists were laid end to end, they'd never reach a conclusion.
( George Bernard Shaw )
There is no such thing as no risk. There’s only this choice of what to risk, and when to risk it.
( Nick Murray )