Quote collection
107 quotes — follow a thought to its full quote page.
"When beggars and shoeshine boys, barbers and beauticians can tell you how to get rich it is time to remind yourself that there is no more dangerous illusion than the belief that one can get something for nothing."
"I'll give you the bottom 10% and the top 10% of any move if I get to keep the middle 80%."
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong."
"When good news about the market hits the front page of the New York Times, sell."
"Age is only a number, a cipher for the records. A man can't retire his experience. He must use it. Experience achieves more with less energy and time."
"Never pay the slightest attention to what a company president ever says about his stock."
"You don't have to blow out the other person's light to let your own shine."
"Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man's reasoning powers. Beware of barbers, beauticians, waiters - or anyone - bringing gifts of 'inside' information or tips. Don't try to be a jack of all investment. Stick to the field you know best."
"Unless each man produces more than he receives, increases his output, there will be less for him than all the others."
"Don't try to be a jack of all investments. Stick to the field you know best."
"A man sentenced to death obtained a reprieve by assuring the king he would teach his majesty's horse to fly within the year - on the condition that if he didn't succeed, he would be put to death at the end of the year. "Within a year," the man explained later, "the king may die, or I may die, or the horse may die. Furthermore, in a year, who knows? Maybe the horse will learn to fly." My philosophy is like that man's. I take the long-range view."
"Colleges don't teach economics properly. Unfortunately we learn little from the experience of the past. An economist must know, besides his subject, ethics, logic, philosophy, the humanities and sociology, in fact everything that is part of how we live and react to one another."
"Now is always the hardest time to invest."
"Always do one thing less than you think you can do."
"During my eighty-seven years I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think."
"Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought."
"I am interested in physical medicine because my father was. I am interested in medical research because I believe in it. I am interested in arthritis because I have it."
"All economic movements, by their very nature, are motivated by crowd psychology."
"Creativity: Take the obvious, add a cupful of brains, a generous pinch of imagination, a bucketful of courage and daring, stir well and bring to a boil."
"The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves."