The Best Trading Proverbs
- Thread starter JTrades
- Start date
“There is one rule that works in every calamity. Be it pestilence, war or famine, the rich get richer and the poor get poorer. The poor even help arrange it. but it’s just as Mr. Brisbane and I have been constantly telling you, ‘Don’t gamble’; take all your savings and buy some good stock, and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.”
Will Rogers.
Will Rogers.
One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I wait for a situation that is like the proverbial shooting fish in a barrel. Jim Rogers
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Nothing wrong with the first part; its fine. As far as buy low sell high; IBD+ company buys high + sell much higher. Another thing to watch out for; remember the old Samsonite ad= the big gorilla got in the cage + started trashing/throwing around luggage LOL
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Great quote , are sure he said that ''random'' part ?? LOL . Exspect Extremes-Rich Dennis
"When you are in a probabilistic field your focus should be on the process so you make the right decision rather than solely on the outcome."
- Michael Mauboussin
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