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Friday, December 19, 2014
Wednesday, December 17, 2014
Panics, Wall Street
Panics on Wall Street are notoriously periodic.
- Wall Street
It’s right to be an optimist, but be prepared for the worst.
Tuesday, December 16, 2014
Leverage, Wall Street
Don’t speculate with another person’s money.
- Wall Street
Never borrow short-term money on unmarketable collateral.
Monday, December 15, 2014
Investors, Wall Street
Investors are not rewarded for activity. They are rewarded for being right.
- Wall Street
Never ask a barber if you need a haircut.
Saturday, December 13, 2014
Tuesday, December 2, 2014
Risky asset, Wall Street
The longer a risky asset is held, the less the chance of a loss.
- Wall Street
More haste, less speed.
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