“Many shall be restored that now are fallen and many shall fall that now are in honor.” Horace-Ars Poetica
“Those who do not remember the past are condemned to repeat it.” George Santayana
Through chances various, through all vicissitudes, we make our way… Aeneid
In the old legend the wise men finally boiled down the history of mortal affairs into the single phrase, “This too will pass.” Confronted with a like challenge to distill the secret of sound investment into three words, we venture the motto – Margin of Safety. Benjamin Graham-The Intelligent Investor
Be fearful when others are greedy and greedy only when others are fearful.
The biggest risk there is, is not taking one. – Anonymous
It is interesting that the (investment) industry has invented new ways to lose money when the old ways seem to work just fine. – John Stumpf
He who doesn’t risk never gets to drink Champagne – Russian Proverb
You ‘ll always miss 100% of the shots you don’t take – Wayne Gretzky
It takes 20 years to build a reputation and 5 minutes to ruin it and if you understand this you will do things differently – Warren Buffett
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it – Peter Lynch
“In a world of low economic growth, with many investors wary of assuming too much risk …This year could prove historic for the options market.” – BARRON’S
“Options generate income and can juice returns in any market.” – THE WALL STREET JOURNAL
“More than 75% of all American investors remain unaware of the potential benefits … associated with adding options to a diversified portfolio.” – TD Ameritrade
“By themselves options are not dangerous. The danger is in the speculative strategies that some people use. Fortunately, the best antidote to risky option strategies is knowledge.” – Market Watch
“Selling options can generate extra income on your portfolio and may be one of the few ways investors can really enhance their returns.” – Bloomberg Businessweek