The hard part is discipline, patience and judgement
( Seth Klarman )
All intelligent investing is value investing.
( Charlie Munger )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
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 )
Successful investing is anticipating the anticipations of others.
( John Maynard Keynes )
Anyone who is not investing now is missing a tremendous opportunity.
( Carlos Slim )