Never catch a falling
The first rule of investing
is not to lose money. The second rule is not to forget the fist rule.
The trend is your friend.
The market has no morality.
It's only when the tide
goes out that you learn who's been swimming naked.
The best time to buy
anything is last year.
Every time one guy sells,
another one buys, and they both think they're smart!
Nobody ever went bankrupt
by taking profit.
Homo sapiens non urinat in
Sometimes your best
investments are the ones you don't make.
We all need money, but
there are degrees of desperation.
Money is always there, but
the pockets change.
Spend at least as much time
researching a stock as you would choosing a refrigerator.
Amateurs Focus on Rewards.
Professionals Focus On Risk.
Successful investing is
anticipating the anticipations of others.
Think short term.
Think long term.
Run with the herd.
Never run with the herd.
I don't pay attention to
what the stock does. If the business does well, the stock eventually
follows (Warren Buffett)
Always play with other
October is one of the peculiarly dangerous months to speculate in
stocks. The others are July, January, September, April, November, May,
March, June, December, August and February.
First Law of Technical Analysis: For every analysis, there exists an
equal and opposite analysis. The Second Law of Technical Analysis:
They're both wrong!
Profit is only made after
all your positions are closed.
Information is pretty thin
stuff, unless mixed with experience.
Even if 50 million people
think something is stupid, it's still stupid.
The safest way to double
your money is to fold it and put it in your pocket.
You don't know who's
swimming naked until the tide goes out (Warren Buffet)