Candy Quote by Charlie Munger

Using volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the…

— Charlie Munger

While I take no pleasure in others' misfortunes, we've historically made most of our profits from other investors behaving in a panicked and irrational…

— Whitney Tilson

“Perhaps, since the measurement of potential gain and loss from a particular stock is so subjective, it is easier, if you are a professional…

— Joel Greenblatt

“In the short run, however, stock returns are very volatile, driven by changes in earnings, interest rates, risk, and uncertainty, as well as psychological…

— Jeremy J. Siegel

With volatility, you have the potential for greater gains but also greater losses.

— Edmund Moy

For the investor who knows what he is doing, volatility creates opportunity.

— John Train

In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not…

— Li Lu

Traders can cause short-term volatility. In the long run, the market must revert to a sensible price/earnings multiple.

— Ben Stein

We continue to adhere to a common-sense view of risk - how much we can lose and the probability of losing it. While this…

— Seth Klarman

Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a…

— Benjamin Graham

The relative illiquidity of small-company shares - which often contributes to their being undervalued - also increases their volatility.

— Whitney Tilson

When investing, I'm not against risk. If you take no risk you must expect a low return. Just don't let anyone fool you into…

— Paul Clitheroe