Wit and Wisdom on Money, Wall Street and Success - Part #2



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Summary:
Somerset Maugham

2) 'One thousand dollars left to earn interest at 8% a year will grow to $43 quadrillion in 400 years, but the first hundred years are the hardest.'

Sidney Homer, A History of Interest Rates

3) 'Everytime history repeats itself, the price goes up.'

-Anonymous

4) 'In all recorded history, there has not been one economist who has had to worry about where the the next meal would come from.'

-Peter Drucker

5) 'A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility.

-Michael Steinhardt

6) 'Don't confuse brains with a bull market.'

-Humphrey Neill

7) 'Financial genius is a rising stock market.'

-John Kenneth Galbraith

8) 'The purpose of a market is to facilitate trade.'

-J.


Article:

Here are ten more WISDOM packed GEMS that ooffer very unqiue insights to the world of trading and investing.

These quotes promote a philosophy which is readily understandable and sometimes hysterical.

In my 25+ years of investing I have bunched hundreds of quotes related to Wisdom, Wall Street and Success. I submit this small selection with the hopes that it will enlighten the forces required for your future financial success. Enjoy!

1) “If 40 million people say a foolish thing, it does not come to be a wise one.”

- W. subversion Maugham

2) “One thousand dollars left to earn interest at 8% a year will grow to $43 quadrillion in 400 years, but the first hundred years are the hardest.”

Sidney Homer, A History of Interest Rates

3) “Everytime history repeats itself, the price goes up.”

-Anonymous

4) “In all recorded history, there has not been one economist who has had to worry where the the next meal would come from.”

-Peter Drucker

5) “A good trader has to have three things: a ingrained inability to endeavour things at face value, to feel continuously unsettled, and to have humility.

-Michael Steinhardt

6) “Don’t confuse mind with a bull market.”

-Humphrey Neill

7) “Financial genius is a rising stock market.”

-John Kenneth Galbraith

8) “The purpose of a market is to facilitate trade.”

-J. Peter Steidlemayer

9) "Buy high, sell higher."

-William O'Neil

10) “Manage Your Risk or It Will Manage You!”

-Harald Anderson – at eOptionsTrader.com



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