Saturday, May 7, 2011

The Value of Losing Money?

"To buy when others are despondently selling and sell when others are greedily buying requires the greatest fortitude and pays the greatest reward."
-- Sir John Templeton 

"Bull markets are born in pessimism, grow on skepticism, mature on optimism, and die of euphoria."
-- Sir John Templeton

"The market can stay irrational longer than you can stay solvent."
-- John Maynard Keynes

"In a bull market, everyone is a financial genius."
-- John Kenneth Galbraith

"The value of investing can only be learned when you lose money."
-- Leo Kolivakis