“Predicting rain doesn’t count. Building arks does” Warren Buffett

“Don’t go though life like a one-legged man in an ass-kicking contest” Charlie Munger

“With so much attention being paid to the upside, it’s easy to lose sight of the risk” Seth Klarman

“Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria” John Templeton

“Brilliant investing is when everyone agrees with you… …later” Jim Grant

“In investing, what is comfortable is rarely profitable. You cannot have a bargain in the absence of fear” Research Affiliates

“A Wall Streeter, faced with nothing profitable to do, does nothing for only a brief time. Then he does something extremely unprofitable” Fred Schwed

“In economics things take longer to happen than you think they will, and then they happen faster than you thought they could” Rudi Dornbusch

“While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster” Benjamin Graham

“No one on earth will ever convince me that complexity is better than simplicity when it comes to investing” The Reformed Broker

“The bitterness of poor quality remains long after the sweetness of low price is forgotten” Benjamin Franklin

“Over a span of 5 to 10 years, the best dividend results will come from stocks with the relatively low yields” Phil Fisher

“You can’t do the same things others do and expect to outperform” Howard Marks

“Risk means more things can happen than will happen” Elroy Dimson

“The tyranny of compounding costs can devastate the miracle of compounding returns” Jack Bogle

“Selling your winners and holding your losers is like cutting the flowers and watering the weeds” Peter Lynch

“Consensus is something in which no one believes but to which no one objects” Margaret Thatcher

“Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market” John Maynard Keynes

“Committees, procedures and controls are no substitute for ethics” Memnon fund

“If you can meet with Triumph and Disaster and treat those two impostors just the same… You’ll be a Man, my Son!” If, by Rudyard Kipling

“There’s nothing less valuable to society than a fund manager who underperforms” John Armitage

“A correct investment decision is not one which brought a positive outcome but one which was made according to a proper method at the given point in time and with the information then available” Daniel Gladiš

“Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally” John Maynard Keynes

“It ain’t what you don’t know that gets you into trouble. It’s what you know for certain that just ain’t true” Mark Twain

“If you don’t know where you are going, any road will get you there” Lewis Carroll

“Nothing so undermines your financial judgement as the sight of your neighbour getting rich” John Pierpont Morgan

“The degree of one’s emotions varies inversely with one’s knowledge of the facts” Bertrand Russell

“History doesn’t repeat itself, but it does rhyme” Mark Twain