There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.

Don't give me timing, give me time

Money is made by sitting, not trading.

My main life lesson from investing: self-interest is the most powerful force on earth, and can get people to embrace and defend almost anything.

It took me five years to learn to play the game intelligently enough to make big money when I was right.

If you can't sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level.

The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.