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“The nature of the game as it is played is such that the public should realize that the truth cannot be told by the few who know.”
― Reminiscences of a Stock Operator
― Reminiscences of a Stock Operator
“A man must know himself thoroughly if he is going to make a good job out of trading in the speculative markets. To know what I was capable of in the line of folly was a long educational step. I sometimes think that no price is too high for a speculator to pay to learn that which will keep him from getting the swelled head.”
― Reminiscences of a Stock Operator
― Reminiscences of a Stock Operator
“The sucker has always tried to get something for nothing, and the appeal in all booms is always frankly to the gambling instinct aroused by cupidity and spurred by a pervasive prosperity. People who look for easy money invariably pay for the privilege of proving conclusively that it cannot be found on this sordid earth.”
― Reminiscences of a Stock Operator
― Reminiscences of a Stock Operator
“All investments are speculations in the age of paper money”
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“The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.”
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