If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.
Whatever you do, do it with all your heart and soul.
The stock market is people.
When the outlook is steeped in pessimism, I remind myself, "Two and two still make four, and you can't keep humankind down for long."
I'll give you the bottom 10% and the top 10% of any move if I get to keep the middle 80%.
Only liars manage to always be out during bad times and in during good times.
The art of living lies less in eliminating our troubles than in growing with them.
Creativity: Take the obvious, add a cupful of brains, a generous pinch of imagination, a bucketful of courage and daring, stir well and bring to a boil.
Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought.
Approach each new problem not with a view of finding what you hope will be there, but to get the truth, the realities that must be grappled with. You may not like what you find. In that case you are entitled to try to change it. But do not deceive yourself as to what you do find to be the facts of the situation.
Get to know yourself. Know your own failings, passions, and prejudices so you can separate them from what you see. Know also when you actually have thought through to the nature of the thing with which you are dealing and when you are not thinking at all... Knowing yourself and knowing the facts, you can judge whether you can change the situation so it is more to your liking. If you cannot--or if you do not know how to improve on things--then discipline yourself to the adjustments that will be necessary.
None of us can be free of conflict and woe. Even the greatest men have had to accept disappointments as their daily bread. ... The art of living lies less in eliminating our troubles than in growing with them.
Buy straw hats in the wintertime. Summer will surely come.
I was the son of an immigrant. I experienced bigotry, intolerance and prejudice, even as so many of you have. Instead of allowing these thing to embitter me, I took them as spurs to more strenuous effort. .
Never play tips from "insiders." They can't see the forest for the trees.
Bears don't live on Park Avenue.
When beggars and shoeshine boys, barbers and beauticians can tell you how to get rich it is time to remind yourself that there is no more dangerous illusion than the belief that one can get something for nothing.
You can overcome anything if you don't bellyache.
Making a success of the job at hand is the best step toward the kind you want.
Let us not deceive ourselves; we must elect world peace or world destruction.
Approach each new problem not with a view of finding what you hope will be there, but to get the truth.
Even when we know what is right, too often we fail to act. More often we grab greedily for the day, letting tomorrow bring what it will, putting off the unpleasant and unpopular.
A dangerous fallacy is to repudiate freedom in favor of an unknown future. What else but our own sturdy reliance on freedom can explain the unexampled record this country has made? In a period scarcely twice my own lifetime it has risen from nothingness to become the world's greatest power. It has become the ark of the covenant of freedom.
No man can humiliate me or disturb me. I won't let him.
Nobody ever lost money taking a profit
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