Quotes

You can't imagine how many shrewd, experienced business men forget in Wall Street what it took them years to learn.

Intelligent speculators and investors who do not play the market feverishly do not need to spend the day beside a ticker or before a quotation board.

Anything that helps make addicts out of occasional traders should be avoided as if it were the bubonic plague.

The stock speculator, as a rule, is beaten by himself!

Nobody knows what the stock market is going to do or even what it ought to do. Hence, the most valuable asset in all business, which is knowledge, is necessarily absent.

In the history of every great catastrophe, you will find that some masterly bit of stupidity sets fire to the oil-soaked rags.

Wall Street in boom days is an aggregation of madmen. The Stock Exchange becomes Bedlam well dressed.

In the beginning of a stock market boom it is ever the "dear public," the fleecy lambs, the most guileless victims, who make the most money. They really do not know when to stop winning, and so in the end they lose profit and principal.

Greed is a bandage which a higher power sometimes binds across the eyes of reason.

Fortunes are made and lost by thousands of men in the stock market; they are made and kept by a few dozen.

In the stock market, facts are important, but emphasis is all important.

I’m a very blocking and tackling kind of a thinker. I just try and avoid being stupid.