I know where I’m getting out before I get in.
( Bruce Kovner )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
The stock market is a device to transfer money from the impatient to the patient.
( Warren Buffett )
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 )
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
( Paul Samuelson )
If you want a guarantee, buy a toaster.
( Clint Eastwood )
The function of economic forecasting is to make astrology look respectable.
( John Kenneth Galbraith )