The best investors talk about being keenly aware of what they know and don’t know. Mediocre or dishonest investors pretend they know. Bad investors don’t even know they don’t know.
...
Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.
- Ed Seykota
Embed This Image ...
Traders often repeat the same mistakes over and over, acting on triggers that have served them poorly time and time again even as they continue to expect a tidy profit ...
The constant monitoring and obsessive reasoning behind moves in a portfolio will never allow you as an investor to allow your profits to run.
- Ali Meshkati
Embed This Image In ...
The most important rule of trading is to play good defence, not great offence.
- Paul Tudor Jones
Embed This Image In Your Site (copy code below):
Paul Tudor Jones on Defense ...
Beware of large positions that can control your emotions. Don’t be overly aggressive with the market. Treat it gently by allowing your equity to grow steadily rather than in bursts.
...
When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more ...
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
Embed This Image In ...
Economics is in many respects the queen of the soft sciences. It’s expected to be better than the rest. It’s my view that economics is better at the multi-disciplinary stuff ...
If you don't know who you are, this is an expensive place to find out.
- George Goodman
Embed This Image In Your Site (copy code below):
George Goodman on Stock Market ...