The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.

Don't focus on making money; focus on protecting what you have.

I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms.

By failing to prepare, you are preparing to fail.

-- Benjamin Franklin

Between your preparation and your goals, there is one important bridge called discipline.

-- Dhirubhai Ambani

Conceive optimistically, plan pessimistically, execute optimistically.

-- Kazuo Inamori

The most important thing is being attentive to cycles.

-- Howard Marks

You can't predict. You can prepare.

-- Howard Marks

I try to invest in companies where the downside is limited and the upside is significant.

-- Bruce Berkowitz