“Over the years what I have observed is this: Most people who have been really successful in the stock markets say the same thing - that they're not smart enough to get into the market and out of it. So they tend to remain more or less invested at all times.”

Walter Schloss

“The desire to perform all the time is usually a barrier to performing over time.”

Robert Olstein

“As a friend said to me, ‘Capitalism without bankruptcy is like Christianity without hell.’”

Daniel Loeb

“You learn in this business: If you want a friend, get a dog.”

Carl Icahn

“Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people's failures, but it gets much more firmly seared in when they are your own.”

Mohnish Pabrai

“The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed.”

Peter Lynch

"When friends and acquaintances are telling you that you are a genius, before you accept their opinion, take a moment to remember what you always thought of their opinions in the past."

Carl Icahn

“When you mix raisins and turds, you've still got turds.”

Charlie Munger

“It’s not supposed to be easy. Anyone who finds it easy is stupid.”

Charlie Munger