The hard part is discipline, patience and judgement
( Seth Klarman )
Buy things that are going up. Sell things that are going down. And when they stop, get out!
( Rob Smith )
The stock market is a device to transfer money from the impatient to the patient.
( Warren Buffett )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
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 )
If all the economists were laid end to end, they'd never reach a conclusion.
( George Bernard Shaw )
Know what you own, and know why you own it.
( Peter Lynch )