Snippets of Wisdom

Nobody ever made a loss making a profit
You sell a share for 100 which you bought at 70, then it goes to 200 in a flash, no good crying over spilt milk, it might have been gin. The fact is you made a profit. Shut up and bank it.

Black Swan Event: This is the unexpected. A flock of white swans ALWAYS there. Suddenly - a black swan. For details go to: http://en.wikipedia.org/wiki/Black_swan_theory

The trend is my friend.
Look at charts in the short term and the long term, see if there is a trend to your advantage. For the trend is indeed your friend.

On Bloomberg
The more I watch and listen to Bloomberg the more I find black being white on a Tuesday and white being white, and black, on a Wednesday, and all of them being pink on a Thursday - and on each day the Bloomberg pretty girls were speaking as if what they were saying was an absolute, and surely they know less than anyone - they always get it wrong by the following day, but NEVER mention that fact. Mind you they are working from scripts I guess.