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Finance Quotations – 02

January 22nd, 2009

Finance Quotations – 02

Famous Finance, Business, Trading, and Investing Quotations

A trader’s job description is stunningly simple: don’t lose money.
Richard Donchian

Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.
Jesse Livermore

The criterion of truth is that it works even if nobody is prepared to acknowledge it.
Ludwig von Mises

Success demands singleness of purpose.
Vince Lombardi

When the mind is in a state of uncertainty the smallest impulse directs it to either side.
Publius Terentius After

Lenny (Dykstra) was so perfectly designed, emotionally, to play the game of baseball. He was able to instantly forget any failure and draw strength from every success. He had no concept of failure. I was the opposite.
Billy Beane, Moneyball

Life is too dynamic to remain static.
John W. Henry

History does not repeat itself, people just keep forgetting.
Jason Russell

Knowing others is wisdom. Knowing self is enlightenment. Mastering other requires force. Mastering self requires strength.
Lao Tsu

If there is one trait that virtually all effective leaders have, it is motiviation. They are driven to achieve beyond expectations – their own and everyone else’s. The key word here is achieve. Plenty of people are motivated by external factors such as such as a big salary or the status that comes from having an impressive title or being part of a prestigious company. By contrast, those with leadership potential are motivated by a deeply embedded desire to achieve for the sake of achievement.
Daniel Goleman

Fat, drunk, and stupid is no way to go through life, son.
Animal House

Reason is the main resource of man in his struggle for survival.
Ludwig Von Mises

What feels good is often the wrong thing to do.
William Eckhardt

Human being never think for themselves, they find it too uncomfortable. For the most part, members of our species simply repeat waht they are told – and become upset if they are exposed to any different view. The characteristic human trait is not awareness but conformity… Other animals fight for territory or food; but, uniquely in the animal kingdom, human beings fight for their ‘beliefs’… The reason is that beliefs guide behavior, which has evolutionary importance among human beings. But at a time when our behavior may well lead us to extinction, I see no reason to assume we have any awareness at all.  We are stubborn, self-destructive conformists. Any other view of our species is just a self congratulatory delusion.
Michael Crichton

Having an education is one thing, being educated is another.
Lee Kuan Yew
Former Prime Minister of Singapore

Never call your intuition. It calls you.
Jason Russell

To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
Chinese Proverb

From error to error, one discovers the entire truth.
Sigmund Freud

I have no special talents, I am only passionately curious.
Albert Einstein

We want to buy stocks to hold forever.
Warren Buffett

If you want a guarantee, buy a toaster.
Clint Eastwood

We are what we repeatedly do. Excellence, then, is not an act, but a habit.
Aristotle

No human investigation can be called real science if it cannot be demonstrated mathematically.
Leonardo da Vinci

Never let fear of striking out get in your way.
Babe Ruth

If you don’t risk anything, then your risk even more.
Erica Jong

Life shrinks or expands in proportion to one’s courage.
Anais Nin

Most battles are won before they are ever fought.
General George S. Patton

Luck is a dividend of sweat. The more you sweat, the luckier you get.
Ray Kroc
Founder of McDonalds

The search for truth is more precious than its possession.
Albert Einstein

When the facts change, I change my mind.  What do you do sir?
John Maynard Keynes

I looked at myself as an athlete or a boxer in training who had to sacrifice many other things for the sake of success.
George Soros

There are 60,000 economists in the US, many of them employed full-time trying to forecast recessions and interest rates, and if they could do it successfully twice in a row, they’d all be millionaires by now. Last time I checked they were all still working.
Peter Lynch

Remember this principle when something threatens to cause you pain: the thing itself was no misfortune at all; to endure it and prevail is good fortune.
Marcus Aurelius

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