In the long term the market is able to overcome all the moments of crisis and as a result, it will be higher for patient investors.
The most important thing (and difficult) in trading is having an objective edge. And markets change over time and you can lose your edge any time, so you must be creative and adapt. Really an eye opener:
1. Never take a laxative just before the market opens. 2. Never take Viagra just before the market opens. 3. Never take Viagra and a laxative together. You won't know if you're coming or going.
The best investing advice you've ever recieved Take good care of your baseball card collection that your grandpa gave you. It could be worth a lot of money someday. Get a prenup agreement. Do not drink, do not smoke, do not tan, eat healthy and exercise. It'll save you money (medical costs) when you get older
A man should look for what is, and not for what he thinks should be. -Albert Einstein If everyone is thinking alike, then somebody isn’t thinking. -George S. Patton Control your own destiny or someone else will. -Jack Welch Castles made of sand, fall into the sea, eventually. -Jimi Hendrix and last but not least: I’ve failed over and over and over again in my life.... and that is why I succeed. -Michael Jordan