112 quotes found
“No man can always have adequate reasons for buying or selling stocks daily - or sufficient knowledge to make his play an intelligent play.”
“Ignorance is bliss, except when it hurts”
“If skeptic can weakly force E, then he can force E.”
“The do nothing everything will be all right default plan is determined by the IRS and government.”
“[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long-term) and the duration of the paper itself (short-term). While this structure...”
“After the meeting, Guay met with Verville for a debriefing. Guay reports that Verville said that all investors would have to roll to avoid a market collapse. Guay told Verville that on Monday, at t...”
“Exploitation to finance a beach house in Hawaii was one thing. Doing it to feed your kids was another.”
“You do pay a price for your Financial Freedom, but it is far lesser than what you pay for a Lifetime Slavery.”
“After all it is not what you make, it is what you keep or pass on.”
“In life's journey, having the ability to predict the future gives us an unfair advantage. If we can understand the laws of cause and effect, anyone can predict the future. What we do today leads us...”
“All through time, people have basically acted and reacted the same way in the market as a result of greed, fear, ignorance, and hope. That is why the numerical formations and patternsrecur on a con...”
“The personal checks and balances that most of us bring to bear when we are employed in other activities - we ask ourselves if we are producing a socially useful product - operate less well in finan...”
“The reason for what a certain stock does today may not be known for two or three days, or weeks, or months. But what the dickens does that matter? Your business with the tape is now - not tomorrow!...”
“Dear all, Hello to everyone, now I am seated in ergonomic chair in my office, this blog is generally written for every single guy who has complaint against his divine, but has anyone ponder on it, ...”
“Trader has to reverse what you might call his natural impulses. Instead of hoping he must fear; instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and ...”
“God is looking for godly people to send to the world of finances to subdue it for him.”
“One peek inside his top drawer had been enough for Sophie. Swimming goggles, nail clippers, a Ferragamo tie wound into a tight coil, and packets of Gulden's Spicy Brown Mustard. None of that compar...”
“A huge mistake that many of us make is to work hard our entire life for money and not require money to work for us in return.”
“The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly ja...”
“Money is a tool. Used properly it makes something beautiful- used wrong, it makes a mess!”