In the business world, the rearview mirror is always clearer than the windshield.
( Warren Buffett )
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
( Warren Buffett )
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
( Warren Buffett )
The best time to invest is when you have money.
( John Templeton )
The hard part is discipline, patience and judgement
( Seth Klarman )
Speculation is dealing with the uncertain conditions of the unknown future. Every human action is a speculation in that it is embedded in the flux of time.
( Ludwig von Mises )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )