Over Speculation In The Stock Quotes & Sayings

It was nothing, just the normal thing to do at the time. — Joey Dunlop

It takes a man a long time to learn all the lessons of all of his mistakes. They say there are two sides to everything. But there is only one side to the stock market; and it is not the bull side or the bear side, but the right side. It took me longer to get that general principle fixed firmly in my mind than it did most of the more technical phases of the game of stock speculation. — Edwin Lefevre

For a long time I wanted to be a comic strip artist but when I started doing them in my teens they were getting really elaborate with tons of poses and a lot of information. — Craig McCracken

Robert Pattinson loves to read and watch old movies and he's very smart. — Reese Witherspoon

Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation — Warren Buffett

Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook. More than that, some speculation is necessary and unavoidable, for in many common-stock situations there are substantial possibilities of both profit and loss, and the risks therein must be assumed by someone.* There is intelligent speculation as there is intelligent investing. But there are many ways in which speculation may be unintelligent. Of these the foremost are: (1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose. — Benjamin Graham

That He is mighty - should cause us to rejoice who tremble at our weakness. — Charles Haddon Spurgeon

Speculation in oil stock companies was another great evil ... From the first, oil men had to contend with wild fluctuations in the price of oil ... Such fluctuations were the natural element of the speculator, and he came early, buying in quantities and holding in storage tanks for higher prices. If enough oil was held, or if the production fell off, up went the price, only to be knocked down by the throwing of great quantities of stocks on the market. — Ida Tarbell

Ban short-selling, high speed trading and all other instruments of pure speculation — Miguel Reynolds Brandao

[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value
in the hope that it can soon be sold for a still-higher price
should be labeled speculation (which is neither illegal, immoral nor
in our view
financially fattening). — Warren Buffett

Speculation is the romance of trade, and casts contempt upon on all its sober realities. It renders the stock-jobber a magician, and the exchange a region of enchantment. — Washington Irving

Trading is a small part of the work of the stock exchanges. They are really to do with financial speculation, and they speculate on the value of the yen, the dollar, the pound, the franc, or the euro, at any given time. Billions are lost and billions are made by this speculation, and that's what the stock exchanges are about. They are for greedy minds. — Benjamin Creme

What imperialists actually wanted was expansion of political power without the foundation of the body politic. Imperialist expansion had been touched off by a curious kind of economic crisis, the overproduction of capital and the emergence of "superfluous" money, the result of oversaving, which could no longer find productive investment within national borders. For the first time, investment of power did not pave the way for investment of money, since uncontrollable investments in distant countries threatened to transform large strata of society into gamblers, to change the whole capitalist economy from a system of production to a system of financial speculation, and to replace the profits of production with profits in commissions. The decade immediately before the imperialist era, the seventies of the last century, witnessed an unparalleled increase in swindles, financial scandals, and gambling in the stock market. — Hannah Arendt

Fear and hope remain the same; therefore the study of the psychology of speculators is as valuable as it ever was. Weapons change, but strategy remains strategy, on the New York Stock Exchange as on the battlefield. I think the clearest summing up of the whole thing was expressed by Thomas F. Woodlock when he declared: "The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past." — Edwin Lefevre

Stock
speculation is largely a matter of A trying to decide what B, C and D
are likely to think-with B, C and D trying to do the same. — Benjamin Graham

On account of disastrous losses in Wall Street that morning, I had determined to kill myself. I'm not of much account, any way, and I was desperate. I knew Uncle Robert would give me no money to repay my stock losses, for he always thought speculation no better than any other sort of gambling - and it isn't. — Carolyn Wells

How we love to blame others for our misfortunes! Almost every individual who has lost money in stock speculation has on the tip of his tongue an explanation which he trots out to show that it wasn't his own fault at all ... Hardly one loser has the manliness to say frankly, I was wrong. — B.C. Forbes

Like two sparrows in a hurricane trying to find their way. — Tanya Tucker

Readers read more into books than writers write into them. — Melvyn Small

The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds of war gathering ominously in the background ... For my money, few periods are so replete with human interest. — Ben Bernanke

Mathematics is ordinarily considered as producing precise and dependable results; but in the stock market the more elaborate and abstruse the mathematics the more uncertain and speculative are the conclusions we draw there from. Whenever calculus is brought in, or higher algebra, you could take it as a warning that the operator was trying to substitute theory for experience, and usually also to give to speculation the deceptive guise of investment. — Benjamin Graham

Curiously, the United States is full of writers who have one big work in their life and that's all. — Irwin Shaw

When you are on tour in the UK it takes a few hours to get anywhere. A lot of the time you can have a beer, close your eyes for two minutes, and then you are there. In the U.S. it is much more like a road trip as all the cities are so spread apart. — Kelly Jones

Before Volcker's speech, bonds had been conservative investments, into which investors put their savings when they didn't fancy a gamble in the stock market. After Volcker's speech, bonds became objects of speculation, a means of creating wealth rather than merely storing it. — Michael Lewis

Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts of booms or panics, the one thing that strikes you most forcibly is how little either stock speculation or stock speculators today differ from yesterday. The game does not change and neither does human nature. — Edwin Lefevre

There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. — Jesse Lauriston Livermore

Why are you here? To shine... just shine — Akosua Dardaine Edwards

If we can only live once, let it be a daring adventure. — Julian Assange