"Rule Number 1, Don't lose money...Rule number two... don't forget rule
number one."
-Benjamin Graham
"In the stock market, the most important organ is the stomach,
not the brain."
-Peter Lynch
"We don't have to be smarter than the rest we simply have to be more disciplined."
- Warren Buffett
"If we take care of the downside risk, the upside will take care of itself."
-Francis Greenberger
"People get into trouble in investing not from the inability to see the future, but their inability to control their own emotions."
-Howard Marks
"The most important organ in investing is the stomach, not the brain."
-Peter Lynch
"The cycle of an investors psyche is optimism to pessimism, risk tolerance to risk aversion and they typically swing in the wrong directions."
-Howard Marks
"In the old legend the wise men finally boiled down the history of mortal affairs into the single phrase, "This too will pass." Confronted with a like challenge to distill the secret of sound investment into three words, we venture the motto - Margin of Safety"
-Benjamin Graham
"The biggest mistake investors make is that they conclude, that the way things are today is the way they'll always be and the things that have been happening will always continue to happen, while reversion to the mean is much more likely."
-Howard Marks
"We never know where we're going but we sure as hell should know where we are."
-Howard Marks
"Invest in a business any fool can run, because someday a fool will"
-Charlie Munger
"The market is not a place where a fortune is made not by how often you're right, but how much you have left when you're wrong."
-Jesse Livermore
"Human nature is to do the wrong thing at the wrong time."
-Howard Marks
“But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
― Benjamin Graham, The Intelligent Investor