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— Jesse Lauriston Livermore"Men who can both be right and sit tight are uncommon."
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Bull markets go to people's heads. If you're a duck on a pond, and it's rising due to a downpour, you start going up in the world. But you think it's you, not the pond.
— Charlie Munger
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Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.
— Ron Chernow
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