The Best Trading Proverbs

"Speculation is a venture based upon loose calculation. Gambling is precise calculation" - Casino Host

 

"Most important thing in making money is not letting your losses get out of hand"
- Marty Schwartz

 

"A common deception - self deception"
- Dickson G. Watts

 

"To the artist alone are the rules of his art valuable"
- Dickson G. Watts

 

"Investors make the most and the safest money when they do things other people don’t want to do."
Howard Marks, CFA

 

"It's not what you know that gets you in trouble, it's what you know for certain that ain't true"
- Mark Twain

 

“What the wise do in the beginning, fools do in the end.”

― Warren Buffett

 

"Never forget the six foot tall man who drowned crossing the stream that was five feet in average" - Howard Marks

 

"Fools try to prove that they are right. Wise men try to find when they are wrong"
- Dickson G. Watts

 

Much wisdom is thinly disguised as comedy.