"Investing and investment is the one sphere of life where victory, security, and success are always to the minority and never to the majority. When you find anyone agreeing with you, change your mind," said the famous economist, John Maynard Keynes.
"Short term volatility creates long term opportunity," said Rupal Bhansali, of the Ariel International Fund.
"I only invest in beer drinking countries, never wine drinking countries," said Ben Horowitz, co-founder of venture capital firm Andreeson Horowitz.
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"The rule of thumb is to do your homework, do your analysis, don't give up prudent risk management for the sake of certain fads. Look for real valuations, and stay true to your time frames," said Marc Chandler, the global head of currency strategy at Brown Brothers Harriman.
When asked about the urban legend that the vaults at Fort Knox are empty, and that the Fed has no gold, former Federal Reserve Chairman Ben Bernanke responded,"I've been to the basement of the New York Fed. The gold is there. I've seen it."
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