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Words of Wisdom?

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  • Words of Wisdom?

    Words of Wisdom?

    Click here for some good words.

    "Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it." Warren Buffet

    "Man made the money, money never made the man." —Unknown.

    "If you want to know what a man is really like, make notice how he acts when he loses money." — Proverb

    "If you want to make money, go where the money is." — Kennedy

    There are two times in a man's life when he should not speculate: when he can't afford it, and when he can. Mark Twain

    Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1. Warren Buffett

    You can’t depend on your judgment when your imagination is out of focus. MarkTwain

    Without fools the rest of us could not succeed. MarkTwain

    Only those who dare to fail greatly can ever achieve greatly. Robert Francis Kennedy

    Champions keep playing until they get it right. Billie Jean King

    “The game taught me the game. And it didn’t spare the rod while teaching.” Jesse Livermore

    “I don’t know whether I make myself plain, but I never lose my temper over the stock market. I never argue with the tape. Getting sore at the market doesn’t get you anywhere.” Jesse Livermore

    The market is an expensive place to find out who you are. (not sure who said it?)

    “They say you never grow poor taking profits. No, you don’t. But neither do you grow rich taking a four-point profit in a bull market.” Jesse Livermore

    “When I think I have found the solution I must prove I am right. I know of only one way to prove it; and that is, with my own money.” Jesse Livermore

    There is no such thing as easy money. (me?)

    "We've lost very little on errors of commission. The errors of omission are the big ones." Warren Buffet

    Never get over-confident. (me?)

    "Facts are stubborn things." -Tobias Smollett

    "In the middle of difficulty lies opportunity." Albert Einstein

    - - -
    Young Joe's started more of his ventures;
    He gambled in shares and debentures
    And lost all his cash
    In a stock market crash;
    Now he's trading in second-hand dentures.

    (Peter Demon, UK?)

    Some trader’s methods are quite bombastic.
    Others trip the light fantastic.
    To locate a system that’s not too drastic,
    try the fourteen day stochastic.
    (Ted Nash?)

    Last edited by MR; 03-24-2004, 12:20 PM.
    Marc
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