Stocks are bought on expectations, not facts.
( Gerald M. Loeb )
The most important quality for an investor is temperament, not intellect.
( Warren Buffett )
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 )
How many millionaires do you know who have become wealthy by investing in savings accounts?
( Robert G. Allen )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
Cut short your losses, and let your profits run on.
( David Ricardo )