Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
( Peter Lynch )
If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
( Warren Buffett )
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 )
Heart, guts, attitude and the ability to tolerate uncertainty are core to long-term winning.
( Michael Covel )
If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.
( John “Jack” Bogle )
Investing is not supposed to be easy. Anyone who finds it easy is stupid.
( Charlie Munger )
Know what you own, and know why you own it.
( Peter Lynch )