Wit and Wisdom on Money, Wall Street and Success - Part #2


Here are ten more WISDOM packed GEMS that ooffer very unqiue insights to the world of trading and investing.

These quotes promote a philosophy which is readily understandable and sometimes hysterical.

In my 25+ years of investing I have collected hundreds of quotes related to Wisdom, Wall Street and Success. I submit this small selection with the hopes that it will enlighten the forces required for your future financial success. Enjoy!

1) "If 40 million people say a foolish thing, it does not become a wise one."

- W. Somerset Maugham

2) "One thousand dollars left to earn interest at 8% a year will grow to $43 quadrillion in 400 years, but the first hundred years are the hardest."

Sidney Homer, A History of Interest Rates

3) "Everytime history repeats itself, the price goes up."

-Anonymous

4) "In all recorded history, there has not been one economist who has had to worry about where the the next meal would come from."

-Peter Drucker

5) "A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility.

-Michael Steinhardt

6) "Don't confuse brains with a bull market."

-Humphrey Neill

7) "Financial genius is a rising stock market."

-John Kenneth Galbraith

8) "The purpose of a market is to facilitate trade."

-J. Peter Steidlemayer

9) "Buy high, sell higher."

-William O'Neil

10) "Manage Your Risk or It Will Manage You!"

-Harald Anderson - Analyst at eOptionsTrader.com

Harald Anderson is the founder and Chief Analyst of eOptionsTrader.com a leading online resource of Options Trading Information. He writes regularly for financial publications on Risk Management and Trading Strategies. His goal in life is to become the kind of person that his dog already thinks he is. http://www.eOptionsTrader.com.


MORE RESOURCES:

WSJ 2nd UPDATE: China's Sovereign-Wealth Fund Posts 11.7% Return
Wall Street Journal
Huijin has never been a natural fit with CIC's other primary mission, investing abroad, and top officials are expected to discuss at a government financial ...
China Investment Has 11.7% Global Return in 2009 as Commodity Bets Pay OffBloomberg
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Angelo, Gordon Wins $100 Million Oregon Investment for Asian Property Fund
Bloomberg
The Oregon Investment Council, which oversees about $65 billion in retirement accounts for state workers, voted today to invest in the $600 million AG Asia ...

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Gary Shilling: Investing Advice for a Deflationary Economy
DailyFinance
James Bullard, president of the St. Louis Federal Reserve Bank, is warning that the risk of ...

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Albanian Minerals is investing in ArcelorMittal steel and Gazprom natural gas ...
Wall Street Journal
Demand and prices will grow for oil, natural gas, steel, cooper, aluminum, gold, silver, iron ore, uranium, chrome ore and other metals". ...

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China Pension to Start Overseas PE Investment, Securities Says
BusinessWeek
China's pension fund will focus mainly on investing in overseas small and medium-sized enterprises, Dai was cited as saying.

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The Business Insider

Steven Romick: My Style Of Investing Is Like "Free Range Chicken"
The Business Insider
Steven Romick, who manages the $3.45 billion mutual fund, FPA Crescent, strangely likens his investment style to free range chicken. ...

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Life settlements are DOA as an investment
MarketWatch
The market's got a lot of investors scared, but the fundamentals are good, says Liz Ann Sonders, chief investment strategist at Charles Schwab. ...

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Globe and Mail

Prem Jain: Buffett is a 'Value + Growth' Investor
Motley Fool (blog)
Warren Buffett has always been identified as a “value investor” but those who have studied his investing career know that it is not so easy to pigeonhole ...
Warren Buffett, Growth Investor?TheStreet.com

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Investing in alternative energy will help Great Lakes
MSU State News
Whenever we turn on the TV, surf the Internet or open a newspaper, we are bombarded with stories about something negative happening because of oil. ...

and more »


Exchange Traded Funds See Strong Asset Inflows in First Half of 2010 ...
MarketWatch (press release)
State Street Global Advisors (SSgA) is a global leader in asset management that sophisticated investors worldwide rely on for a disciplined investment ...
Seven Reasons Why Silver Could SoarETF Database

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