I know where I’m getting out before I get in.

Losses are necessary, as long as they are associated with a technique to help you learn from them.

Know what you own, and know why you own it.

Don’t look for the needle in the haystack. Just buy the haystack!

Never let a win go to your head, or a loss to your heart.

The feelings we accept and enjoy rarely interfere with trading.

Bull markets are born on pessimism, grow on skepticism, mature on optimism and die of euphoria.

Timing, perseverance, and ten years of trying will eventually make you look like an overnight success.

A handful of men have become very rich by paying attention to details that most others ignored.

If you personalise losses, you can’t trade.

Only the game, can teach you the game.

If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.

All the math you need in the stock market you get in the fourth grade.

Trading doesn’t just reveal your character, it also builds it if you stay in the game long enough.

I believe in analysis and not forecasting.

Learn to take losses. The most important thing in making money is not letting your losses get out of hand.

In trading/investing, it’s not about how much you make but rather how much you don’t lose.

I’m only rich because I know when I’m wrong. I basically have survived by recognizing my mistakes.

In the short run, the market is a voting machine, but in the long run it is a weighing machine.