The Value of Losing Money?

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"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