Knowing when to sell is much harder than knowing when to buy.

Cash is never a king, especially when people repeat the phrase often.

The last transaction price is the least accurate measure of the fair value.

Prices are dominated by the minority, and values are governed by the majority.

It may take some time, but capital will eventually flow to the most logical place.

Occasionally, the stock market goes down dramatically and creates a short window of opportunity to buy stocks at deep discounts. However, to act upon it, you need to beprepared before it happens.

As a group, traders’ net return will always be lower than investors by the amount of transaction cost, plus research expenses.

Markets are not efficient enough to incorporate actual inherent risk, given information bias, and emotionally challenged participants. Instead, prices are adjusted up to the cumulative perceived risk of all participants.

The success of an investment is all about its execution and is not about its outcome.