_Economy and Finance

b.classList.remove('active')); this.classList.add('active');">English b.classList.remove('active')); this.classList.add('active');">한국어 This time is never different. - Wall Street T he phrase "This time is never different" serves as a direct rebuttal to the dangerous rationalization, "This time it's different." During a massive bull market, investors often justify sky-high valuations by arguing that a new technology, a new economic policy, or a new era has structurally changed the rules of the game. Conversely, during a severe bear market, people panic and assume the financial system is broken beyond repair. This adage reminds investors of a few timeless truths: Psychology Drives the Market Technologies and economic environments change, but human behavior does not. The underlying drivers of market cycles—greed during peaks an...

Great minds have purposes; others have wishes. $ Wall Street There are no short cuts to successful investment.

Don’t get emotionally involved. $ Wall Street If you let emotions get involved, you will make bad decisions.

You cannot outperform the crowd when you are part of it. $ Wall Street Force yourself to trade against the consensus.

Where are the customers’ yachts? $ Wall Street Your broker is not your buddy.

Never make a bet you can’t afford to lose. - Wall Street Risk control is 90% of the investment battle.

Panics on Wall Street are notoriously periodic. - Wall Street It’s right to be an optimist, but be prepared for the worst.

Don’t speculate with another person’s money. - Wall Street Never borrow short-term money on unmarketable collateral.

Investors are not rewarded for activity. They are rewarded for being right. - Wall Street Never ask a barber if you need a haircut.

The longer a risky asset is held, the less the chance of a loss. - Wall Street More haste, less speed.

The best possible time to invest is when the sky is black with clouds. - Wall Street After extreme weakness buy stocks.

Don't shape your portfolio on what your barber advice. - Wall Street Forget about stock market tips.

Stock investing merely attempts to anticipate the inevitabilities of future changing condition. - Wall Street Anytime there is change there is opportunity.

The big money in booms is always made first by the public on paper, and it remains on paper. - Wall Street Everyone is wise after the event.

There are times when one should invest, and just as surely there are times when one should not. $ Wall Street There is a time for all things.

The stock market merely registers, and does not cause, what takes place in the realm of business and profits. $ Wall Street The market discounts everything but the completely unexpected.

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

A man adapts himself to conditions so quickly that he loses the perspective. - Wall Street A lordly taste makes a beggar's purse.

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

If a company has dynamic growth prospects, do not sell it just because it looks temporarily too high. - Wall Street Kill not the goose that lays the golden eggs.