We are in the business of making mistakes. The only difference between the winners and the losers is that the winners make small mistakes while the losers make big mistakes.
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Investing is the only business I know that when things go on sale, people run out of the store.
- Mark Yusko
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Rule number one of investing is never lose money.
Rule number two is never forget rule number 1.
- Warren Buffett
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One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do.
- Jim Rogers
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Markets can remain irrational longer than you can remain solvent.
- John Maynard Keynes
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John Maynard Keynes on Irrational Markets by DaytradingBias.com
The most important rule of trading is to play good defence, not great offence.
- Paul Tudor Jones
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Successful investing is anticipating the anticipations of others.
- John Maynard Keynes
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John Maynard Keynes on Anticipation by DaytradingBias.com
Take home runs when you can, but don’t beat yourself up about missing a few. One trade should never make or break your account.
- Vadym Graifer & Christopher Schumacher
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Participants act not on the basis of their best interests but on their perception of their best interests, and the two are not identical.
- George Soros
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