The Best Trading Proverbs

"A boom is just capitalism's way of setting up the next bust"
- James Grant

 

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The following general statement quote is NOT related to yours, thanks,ironchief. '' The worse a situation, the less it takes to turn it around.....'' --George Soros, SEPT,2004 Stock Traders Almanac

 

"It's better to live a life of discipline than a lifetime of regret."

- Mark Divine -Navy Seal, CPA/MBA

 

"Risk is no longer something to be faced; risk has become a set of opportunities open to choice."
- Daniel Bernoulli ( The Law of Diminishing Returns)

 

Technology.... makes people more productive -Michael Bloomberg ,Stock Trader's Almanac, May 2004

 

"Rich don't fret so much about making money. They have money. Their greatest fear is losing it, this is how "old money" think. When a BIDDING war escalates whether in the stock market, a "hot" real estate market, or at Sotheby's art auction "old money" tends to step aside, letting "new money" carry the day."
- from a family office conference

 

Thats kinda the way some of us poor people think too.

 

Us? I thought most of you made 1000% return a year.

 

Treat life as a fun adventure and let success fall where it may. Money is not the most important thing.

 

"An average is but a solitary fact, whereas if a single other fact added to it, an entire Normal Scheme, which nearly corresponds to the observed one, starts potentially into existence."
- Francis Galton