Chandru

“One of the most helpful things that anybody can learn is to give up trying to catch the last eighth—or the first. These two are the most expensive eighths in the world. They”
― Edwin Lefèvre, Reminiscences of a Stock Operator

“Fear and hope remain the same; therefore the study of the psychology of speculators is as valuable as it ever was. Weapons change, but strategy remains strategy, on the New York Stock Exchange as on the battlefield. I think the clearest summing up of the whole thing was expressed by Thomas F. Woodlock when he declared: "The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.”
― Edwin Lefèvre, Reminiscences of a Stock Operator

“it is much more common that we overestimate our knowledge than that we underestimate it.”
― Rolf Dobelli, The Art of Thinking Clearly: The Secrets of Perfect Decision-Making

“It is an iron rule of history that what looks inevitable in hindsight was far from obvious at the time.”
― Yuval Noah Harari, Sapiens: A Brief History of Humankind