Bad decisions Quote by Whitney Tilson

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

“Maintaining one’s vigilance against biases is a chore—but the chance to avoid a costly mistake is sometimes worth the effort.”

— Daniel Kahneman

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

“The process of intelligently building a portfolio consists of buying the best investments, making room for them by selling lesser ones, and staying clear…

— Howard Marks

“An objective financial mindset promotes a careful and balanced approach to investing, avoiding the emotional biases that can disrupt even the best financial plans.…

— Tammy Trenta

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

Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands. By having confidence in their own…

— Seth Klarman

It's critical to have a disciplined investing approach and stick with it.

— Whitney Tilson

“Stock market is all about ‘not to make mistakes’ …. You still will, but making same mistake again is absolutely sacrilegious in this Market…

— Sandeep Sahajpal

No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. Only by insisting on…

— Benjamin Graham

Caution is crediting, and reserve in speaking, and in revealing one's self to but very few, are the best securities both of a good…

— Thomas a Kempis

Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to…

— Barry Ritholtz