Conventional wisdom Quote by Stephen O’Grady

“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.”

— yvan Byeajee

“Sooner or later the market will do what it has to do to prove the majority wrong. And:”

— Anonymous

“We tend to ignore the risks of the status quo.”

— Ben Hunt-Davis

“We conclude that most of the time, the future will look a lot like the past, with both up cycles and down cycles. There…

— Howard Marks

“The road ahead is long and there will be many setbacks. Success is not assured… but the price of failure has never been this…

— Charles Lee Lesher

“Steady progress toward seemingly impossible goals will win the day. Setbacks are temporary. Naysayers are best ignored.”

— Brad Stone

“Success never quite meets your highest expectations, and failure is never as devastating as you feared. The truth is, things are rarely as good…

— Brian Reese

“Success is most often achieved by those who don't know that failure is inevitable.”

— Coco Chanel

“Leading others to become successful is not possible, if while doing so we are chasing the status quo.”

— Scott Martzke

We have not known a single person who has consistently or lastingly make money by thus "following the market". We do not hesitate to…

— Benjamin Graham

“The prevailing wisdom is that markets are always right. I take the opposition position. I assume that markets are always wrong. Even if my…

— George Soros

“If you try to make something just to fit your uninformed view of some hypothetical market, you will fail. If you make something special…

— Hugh Macleod