Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
( Peter Lynch )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
Patterns don't work 100% of the time.
( Ifan Wei )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )
I can calculate the motions of the heavenly bodies, but not the madness of people.
( Isaac Newton )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )