Most investors want to do today what they should have done yesterday.
( Larry Summers )
Everyday I assume every position I have is wrong.
( Paul Tudor Jones )
The most important quality for an investor is temperament, not intellect.
( Warren Buffett )
We don't care about “why.” Real traders only have the time and interest to care about “what” and “when” and “if” and “then.”
( JC Parets )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
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 )
Investing is the intersection of economics and psychology.
( Seth Klarman )