"I can calculate the motions of heavenly bodies, but never the madness of crowds," said Sir Isaac Newton, the inventor of calculus and discoverer of Newton's Laws, who lost his entire fortune in a 17th century investment scam called "the South Sea Bubble."
"We have not been investing this year, we have been on a battleground," said noted UK hedge fund manager Crispin Odey.
"We are in the ninth year of an economic expansion and the ninth year of a bull market. Investors are at a crossroads now, whether to hold cash or stocks," said Tom Lee, cofounder of Fundstrat Global Advisors.
"My experience in business helps me as an investor, and my investment experience makes me a better businessman," said Oracle of Omaha, Warren Buffett.
"The car business is hell," said Tesla co-founder Elon Musk, when announcing he would sleep in the Fremont, CA, Tesla factory until Model S production reaches 2,500 units a week.
"It's a terrible mistake to own something, just because somebody else owns it, even if that other person is Benjamin Graham, the dean of investing," said Oracle of Omaha, Warren Buffett.
"A fool learns from experience. A wise man learns from the experience of others," said Otto von Bismarck, the first Chancellor of Modern Germany.
"Let us endeavor so to live that when we die, even the undertaker will be sorry," said the 19th century American humorist Mark Twain.
"Getting information off the Internet is akin to trying to sweep back the ocean with a broom," said Ray Kurzweil, director of engineering at Google.
"Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost by corrections themselves," said the legendary Fidelity money manager, Peter Lynch, who once told me I was the dumbest broker he had ever met.
Legal Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.