Saturday, April 17, 2010

Don't Catch a Falling Knife

"If a stock doesn't act right, don't touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit." - Edwin Lefevre


"I made my money by selling too soon. " Bernard Baruch


 In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.
Peter Lynch


The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.
Jesse Livermore 



It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.
George Soros



October: This 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.
Mark Twain



Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett



If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.
John (Jack) Bogle



"Bulls make money. Bears make money. Pigs get slaughtered." Anonymous

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