If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
( Warren Buffett )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
How many millionaires do you know who have become wealthy by investing in savings accounts?
( Robert G. Allen )
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 )
An investment in knowledge always pays the best interest.
( Benjamin Franklin )
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 )
Cut short your losses, and let your profits run on.
( David Ricardo )