Speculation

No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.— Robert Rhea

Cash

There’s nothing wrong with cash. It gives you time to think.— Robert Prechter, Jr. (Elliott Wave Theorist)

Ignorance

Ignorance is not knowing something; stupidity is not admitting your ignorance.— Daniel Turov (Turov on Timing)

Bottom

If buying equities seems, the most hazardous and foolish thing you could possibly do, then you are near the bottom that will end the bear market.— Joseph E. Granville

Ten Percent Rule

Only buy stocks when the market declines 10% from that date a year ago, which happens once or twice a decade.— Eugene D. Brody (Oppenheimer Capital)