Buy things that are going up. Sell things that are going down. And when they stop, get out!
( Rob Smith )
Invest for the long haul. Don’t get too greedy and don’t get too scared.
( Shelby M.C. Davis )
In the short run, the market is a voting machine. In the long run, it is a weighing machine.
( Benjamin Graham )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
A bull market is like sex. It feels best just before it ends.
( Barton Biggs )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
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 )