"What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact." - Warren Buffett

"If all you have is a hammer, everything looks like a nail." - Bernard Baruch

"Simplicity is the most difficult thing to secure in this world; it is the last limit of experience and the last effort of genius." - George Sand

"Real knowledge is to know the extent of one's ignorance." - Confucius

"If you can't take a small loss, sooner or later you will take the mother of all losses" - Jack Schwagger

"A moment's thought will show that there can be no such thing as a scientific prediction of economic events under human control. The very dependability of such a prediction will cause human actions which will invalidate it. Hence thoughtful chartists admit that continued success is dependent upon keeping the successful method known to only a few people." - Benjamin Graham

"In a losing game such as trading, we shall start against the majority and assume - we are wrong until proven correct! Positions established must be reduced and removed until or unless the market proves the position correct!" - Phantom of the Pits

"The investor just cannot pinpoint how much earnings per share a particular company will earn two years from now. He can, at best, judge this within such general and non-mathematical limits as: about the same, up moderately, up a lot, or up tremendously. As a matter of fact the company's top management cannot come a great deal closer than this..." - Philip Fisher

"If past history was all there was to the game, the richest people would be librarians." - Warren Buffett

"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ." - Warren Buffett

"Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway." - Warren Buffett

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