---

Wall Street people learn nothing and forget everything.

( Benjamin Graham )

If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.

( Warren Buffett )

The most important quality for an investor is temperament, not intellect.

( Warren Buffett )

Buy things that are going up. Sell things that are going down. And when they stop, get out!

( Rob Smith )

There are old traders and there are bold traders, but there are very few old, bold traders.

( Ed Seykota )

No matter what kind of math you use, you wind up measuring volatility with your gut.

( Ed Seykota )

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 )