“The first rule is not to lose. The second rule is not to forget the first rule.”
“Risk comes from not knowing what you’re doing.”
“Buy on fear, sell on greed.”
“What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.”
“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”
“If you want to have a better performance than the crowd, you must do things differently from the crowd.”
“The four most dangerous words in investing are ‘This time it’s different’.”
“Go for a business that any idiot can run – because sooner or later, any idiot probably is going to run it.”
“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.”
“Wall Street people learn nothing and forget everything.”
“Time is your friend; impulse is your enemy.”
