Changing your mind Quote by Seth Klarman

If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And…

— Barry Ritholtz

Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.

— Michael Steinhardt

Investing is a negative game emotionally. If you're playing for the emotional satisfaction, you're bound to lose, because what feels good is often the…

— William Eckhardt

Change in a person happens not because YOU want it to happen, it happens when the person who needs to change, wants to change.…

— Eugene Nathaniel Butler

Regardless of what happens in the markets, stick to your investment program. Changing your strategy at the wrong time can be the single most…

— John C. Bogle

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

There's nothing wrong with changing your mind if you think something's right at a certain moment.

— Frances Fox Piven

When it comes to investing, you are your own worst enemy.

— Barry Ritholtz

Someone who seeks low-risk investments never really feels investing is safe and someone who is always right eventually winds up wrong

— Robert Kiyosaki

Successful contrarian investing requires us to live with discomfort, for being "wrong" and alone. But bargains do not exist in the absence of fear.

— Robert D. Arnott

We try not to have many investing 'rules,' but there is one that has served us well: If we decide we were wrong about…

— David Einhorn

I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making -…

— Bill Ackman