_Economy and Finance

Nobody can be successful by speculating every day or every week. $ Wall Street Many trades, many losses.

It is the duty of shareholders to periodically suffer loss without complaint. - Wall Street Investors will mistakenly think falling stock prices are bad.

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 patterns recur on a constant basis. — Jesse Livermore (1877-1940), How To Trade In Stocks (1940)

There are really no more brilliant investors than brilliant lawyer or top-flight surgeons. - Wall Street Great undertakings require great preparation.

When enough investors find themselves shorn, scapegoats will be sought. - Wall Street The real reason for a protracted decline is never bear raiding.

Successful investor must not only observe accurately but remember what he has observed. - Wall Street Bet always on probabilities.