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Speculation is a hard and trying business, and a speculator must be on the job all the time, or he'll soon have no job to be on.

( Jesse Livermore )

Wall Street sells stocks and bonds, but what it really peddles is hope.

( Jason Zweig )

Only when the tide goes out do you discover who’s been swimming naked.

( Warren Buffett )

Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

( Paul Samuelson )

Optimism means expecting the best, but confidence means knowing how to handle the worst.

( Max Gunther )

Large price changes tend to be followed by more large changes, positive or negative. Small changes tend to be followed by more small changes. Volatility clusters.

( Benoit B. Mandlebrot )

If all the economists were laid end to end, they'd never reach a conclusion.

( George Bernard Shaw )