Quote

Wall Street people learn nothing and forget everything – Benjamin Graham

Investors have very short memories – Roman Abramovich

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight – Jesse Livermore

In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten – Peter Lynch

An investment in knowledge always pays the best interest – Benjamin Franklin

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful – Warren Buffett

Wide diversification is only required when investors do not understand what they are doing – Warren Buffett

The trend is your friend! – Dr. George Lane

In a bull market the trend of prices, of course, is decidedly and definitely upward. Therefore whenever a stock goes against the general trend you are justified in assuming that there is something wrong with that particular stock – Jesse Lauriston Livermore

The trend has been established before the news is published, and in bull markets bear items are ignored and bull news exaggerated, and vice versa – Jesse Lauriston Livermore

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1 – Warren Buffett

My peculiarity is that I don’t have a particular style of investing or, more exactly, I try to change my style to fit the conditions – George Soros

The stock market and economy are two different things – Milton Friedman

There’s no such thing as a free lunch – Milton Friedman

Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception – George Soros

The first loss is the best loss - Wall Street’s quote

There is a time to be long, a time to be short, and a time to go fishing – Jesse Lauriston Livermore

It doesn’t matter how often you are right or wrong – it only matters how much you make when you are right versus how much you lose when you are wrong – George Soros