Appropriate Quote by Robert Rubin

The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.

— George Soros

In the stock market... You can be right for the wrong reasons or wrong for the right reasons.

— John Allen Paulos

You must never delude yourself into thinking that you're investing when you're speculating.

— Benjamin Graham

When most investors, including the pros, all agree on something, they're usually wrong.

— Carl Icahn

Confusing speculation with investment is always a mistake.

— Benjamin Graham

I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.

— Jeremy Grantham

Short-term market and economic prognostication is largely a fool’s errand, we invest according to a strategy that makes the need to rely on short-term…

— Bill Ackman

When I think about investments, I have a long term structural view.

— Scott Bessent

Before you invest, you must ensure that you have realistically assessed your probability of being right and how you will react to the consequences…

— Benjamin Graham

That strategy of buy and hold, which is the sound and sensible one for the individual, can have very dangerous and perverse effects for…

— Ron Chernow

I think it's a mistake to rely too much on any one economic factor. It's why investors try to spread their portfolio round.

— Paul Wolfowitz

The strategy of buying what's in favor is a fool's errand, ensuring long-term underperformance. Only by standing against the prevailing winds - selectively, but…

— Seth Klarman