Insanity is doing the same thing over and over while expecting different results.
( Jesse Livermore )
Letting losses run is the most serious mistake made by most investors.
( William O'Neil )
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 )
Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.
( Warren Buffett )
Buy things that are going up. Sell things that are going down. And when they stop, get out!
( Rob Smith )
As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.
( Jim Cramer )
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 )