Quotes from great people about trading part 2

“Great success can be attributed to inaction. Most investors cannot resist the temptation to constantly buy and sell.”

Warren Buffett

“An investor’s biggest problem, and even his worst enemy, is likely to be himself.”

Benjamin Graham

“A smart investor is a realist who sells to optimists and buys from pessimists.”

Benjamin Graham, Smart Investor

“Calling someone who actively trades the market an investor is like calling someone who constantly takes part in day breaks a romantic.”

Warren Buffett

“Prices are too high” is far from synonymous with “The next move will be down.” Things can be overpriced and stay that way for a long time... or even become much more expensive."

Howard Marks

“Investing shouldn't be easy. Anyone who thinks it's easy is stupid."

Charlie Munger

“Many people with high IQs are terrible investors because they have terrible temperaments. It is necessary to keep unbridled, irrational emotions under control.” Charlie Munger