Speculation is most dangerous when it looks easiest. – Warren Buffett Embed This Image In Your Site (copy code below): Warren Buffett on Risk by DaytradingBias.com
Holding cash is uncomfortable, but not as uncomfortable as doing something stupid. – Warren Buffett Embed This Image In Your Site (copy code below): Warren Buffett on Cash by DaytradingBias.com
Rule number one of investing is never lose money. Rule number two is never forget rule number 1. – Warren Buffett Embed This Image In Your Site (copy code below): Warren Buffett on Money Management by DaytradingBias.com
More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.
- Ray Dalio
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Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralized, depressed, despondent, and ...
It is not that we had any unfair knowledge that other people didn't have, it is just that we did our homework. People just don't want to believe that anyone ...
Assimilate into your very bones a set of trading rules that works for you.
- Linda Bradford Raschke
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The question isn’t “Is the market efficient?” but rather “How inefficient is the market?” and “How can we exploit this?”
- Edward Thorp
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The markets are the same now as they were five or ten years ago because they keep changing — just like they did then.
- Ed Seykota
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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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Holding cash is uncomfortable, but not as uncomfortable as doing something stupid.
– Warren Buffett
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Warren Buffett on Cash by DaytradingBias.com
Yale did a study recently showing that investors made 300% more by putting money in commodities themselves rather than commodity stocks – that is unless you’re a great stock picker.
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In trading, you can’t hide your failures. Your equity provides a daily reflection of your performance. The trader who tries to blame his losses on external events will never learn ...