Investors, Wall Street

Nobody can be successful by speculating every day or every week.

$ Wall Street

Many trades, many losses.

Investment, Wall Street

A man adapts himself to conditions so quickly that he loses the perspective.

- Wall Street

A lordly taste makes a beggar's purse.

Person, Michael B. Nash

A special person makes a difference.

- Michael B. Nash, a senior managing director of Blackstone Real Estate Debt Strategies Group

Investor, Wall Street

It is the duty of shareholders to periodically suffer loss without complaint.

- Wall Street

Investors will mistakenly think falling stock prices are bad.

Money, Roger Alcon

We have what we need. To me, the fresh air and the land, and water. It's better than money.

- Roger Alcon (2013.05.28)

Advice, Book of Proverbs

Of what use is money in the hands of fools when they have no heart to acquire wisdom?

+ Book of Proverbs 17, 16

[17:16] The exhortation to acquire or purchase wisdom is common in Proverbs. Fools misunderstand the metaphor, assuming they can buy it with money. Their very misunderstanding shows they have no “heart” = mind, understanding. Money in the hand is no good without such a “heart” to store it in.

http://www.usccb.org/bible/proverbs/17

Investment, Wall Street

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.

Money, Olivas

We are one of the poorest counties in the nation, yes, but we are money-poor, we are not asset-poor. We've got land, we've got agriculture, we've got our heritage and we've got our culture.

- Olivas, a hunting and fishing guide (2013.05.28)

Gambling, Wall Street

Gambling begins where we risk what we can't afford to gain something we haven't earned.

- Wall Street

Don't forget the difference between investing and gambling.

Investor, Jesse Livermore

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)