Investment, Wall Street

Don't try to be a jack of all investments.

- Wall Street

Stick to the field you know best.

Stock, Wall Street

Like the ocean, the stock market is never still.

- Wall Street

You can't predict. You can prepare.

Patience, Wall Street

One of the essential qualifications of the successful investor is patience.

- Wall Street

Sit tight and the market give you in due time the signal.

Finance, Warren Buffett

It's only when the tide goes out that you learn who's been swimming naked.

- Warren Buffett (1930- ), Wall Street

Charlie Munger said, "Warren and I are chicken about buying stocks on margin."

Work, William Lyon Phelps

Whenever it is in any way possible, every boy and girl should choose as his life work some occupation which he should like to do anyhow, even if he did not need the money.

- William Lyon Phelps (1865-1943)

Investor, Wall Street

When enough investors find themselves shorn, scapegoats will be sought.

- Wall Street

The real reason for a protracted decline is never bear raiding.

Investor, Wall Street

Successful investor must not only observe accurately but remember what he has observed.

- Wall Street

Bet always on probabilities.

Stock, Wall Street

Stocks always look worst at the bottom of a bear market and always look best at the top of a bull market.

- Wall Street

Do not underestimate of courage it takes to act on your beliefs.

Banking System, Richard Ramsden

You can construct a banking system in which no bank will ever fail, in which there's no leverage. But there would be a cost. There would be virtually no economic growth because there would be no credit creation.

- Richard Ramsden of Goldman Sachs, 2010

Name, Basque Proverb

Aberats izatea baino, izen ona hobe.
Translation: It's better to have a good name than to be rich.

- Basque Proverb

The Basque language (called Euskara by the Basque language speakers or Basques themselves) is the oldest language in Europe, the only non Indo-European language that survived after the administration of the Roman Empire spread throughout our continent. It is spoken by about one million people in the seven provinces of the Euskal Herria, that is, in North East Spain and South West France. No relationship between Basque and any other language has been established with certainty. The alphabet used for Basque employs Roman letters. The first printed book in Basque appeared in the 16th century. Basque is both agglutinative and polysynthetic.

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English equivalent

¶ A good name is the best treasure.