Life is full of uncertainties. Future investment earnings and interest and inflation rates are not known to anybody. However, I can guarantee you one thing.. those who put an investment program in place will have a lot more money when they come to retire than those who never get around to it.
Fred Schwed Jr
Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little.
The four most expensive words in the English language are: ‘This time it’s different’.
Investing should be more like watching paint dry or watching grass grow. If you want excitement, go to Las Vegas.
Based on my own personal experience—both as an investor in recent years and an expert witness in years past—rarely do more than three or four variables really count. Everything else is noise.
If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
If you have trouble imagining a 20 percent loss in the stock market, you shouldn’t be in stocks.
John Maynard Keynes
Markets can remain irrational longer than you can remain solvent.
There is nothing riskier than the widespread perception that there is no risk.
Games are won by players who focus on the playing field—not by those whose eyes are glued to the scoreboard.