"If I buy stocks on Smith's tip I must sell those same stocks on Smith's tip. I am depending on him. Suppose Smith is away on a holiday when the selling time comes around?

It never was my thinking that made the big money for me. It always was my sitting.

To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.

Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.

The stock market is never obvious. It is designed to fool most of the people, most of the time.

Men who can both be right and sit tight are uncommon.

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

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

Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the time. It can't be done, too tough on the emotions.

It isn't as important to buy as cheap as possible as it is to buy at the right time.

Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.

You Are Your Own Michelangello Always".

Rather than becoming discouraged, know that encountering a wall is proof of the progress that you have made so far.

One defeats a fanatic precisely by not being a fanatic oneself, but on the contrary by using one's intelligence.

Our times demand rejection of seven word bios.

I don't want to run around and look at a shot through a monitor. That doesn't improve what I'm trying to do. I figure, once I've done my job, it's none of my business.

I put less stock in others' opinions than my own. No one else's opinions could derail me.

Were a man to order his life by the rules of true reason, a frugal substance joined to a contented mind is for him great riches; for never is there any lack of a little.

It is Stoicism that demands a closed universe, not the Bible.

But love may have to be left off the exam. Most of us will never learn.

With care and protection, with safe havens in the ocean, there is still a good chance that we can turn things around.