There is no tool to change human nature… people are prone to recurring bouts of optimism and pessimism that manifest themselves from time to time in the buildup or cessation of speculative excesses. -Alan Greenspan (Fed Chairman 1987-2006, July 18, 2001 monetary policy report to the Congress)
It’s not what you say. It’s what they hear. -(A sign in an advertising office)
The soul is dyed the color of its thoughts. Think only on those things that are in line with your principles and can bear the light of day. The content of your character is your choice. Day by day, what you do is who you become. -Heraclitus (Greek philosopher, 535-475 BC)
To succeed in the markets, it is essential to make your own decisions. Numerous traders cited listening to others as their worst blunder. – Jack D. Schwager (Investment manager, author, Stock Market Wizards: Interviews with America’s Top Stock Traders, b. 1948)
The four most expensive words in the English language, “This time it’s different.” – Sir John Templeton (Founder Templeton Funds, philanthropist, b. 1912)
Tell me and I’ll forget; show me and I may remember; involve me and I’ll understand. – Confucius (Chinese philosopher, 551-478 B.C.)
A successful man is one who can lay a firm foundation with the bricks that others throw at him. – Sidney Greenberg (Rabbi, author, 1918-2003)
Genius, that power which dazzles mortal eyes, is often perseverance in disguise. – Henry Willard Austin (American writer, Perseverance Conquers All, 1858-1916)
I’m not nearly so concerned about the return on my capital as I am the return of my capital. – Will Rogers (American humorist and showman, 1879-1935)
Prosperity is a great teacher; adversity a greater. – William Hazlitt (English essayist, 1778-1830)