Speculation is a hard and trying business, and a speculator must be on the job all the time, or he'll soon have no job to be on.
( Jesse Livermore )
Letting losses run is the most serious mistake made by most investors.
( William O'Neil )
An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.
( Newton )
The most important thing about an investment philosophy is that you have one.
( David Booth )
Everything should be made as simple as possible, but not simpler.
( Albert Einstein )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )