Quotes of the Day

Make sure the trade is worth the risk. A trader does better by trading less, only taking trades that have a great setup, even if it means missing some opportunities. [2003] - Marcel Link

You have to look at rolling 20-year periods before there's a very high probability of equity returns close to 8% average. This means if your time horizon or temperament prevents you from thinking that far ahead, you need to dampen your portfolio with an allocation to high-quality bonds. This will lower your expected return, but that is the inevitable trade-off between risk and reward. [2021] - Dan Bortolotti

Connections between stock and business profits correlate strongly over long time periods—15 years or more. But short term (and 10 years is considered a stock market blip), markets are mad because people are crazy. [2018] - Andrew Hallam

Ideas do not have to be new and unique, they just have to be better. [2000] - Robert T. Kiyosaki

The two biggest sources of odors are toilet leaks and leaks under sinks that are hidden in cabinets. [2003] - Robert Irwin