Speculator's Famous Quotes & Sayings
36 Speculator's Famous Sayings, Quotes and Quotation.
Like so many great American fortunes, the Rosewater pile was accumulated in the beginning by a humorless, constipated Christian farm boy turned speculator and briber during and after the Civil War.— Kurt Vonnegut
Speculation in oil stock companies was another great evil ... From the first, oil men had to contend with wild fluctuations in the price of oil ... Such fluctuations were the natural element of the speculator, and he came early, buying in quantities and holding in storage tanks for higher prices. If enough oil was held, or if the production fell off, up went the price, only to be knocked down by the throwing of great quantities of stocks on the market.— Ida Tarbell
Clergyman: A ticket speculator outside the gates of Heaven.— H.L. Mencken
We are convinced that the intelligent investor can derive satisfactory results from pricing of either type (market timing or fundamental analysis via price). We are equally sure that if he places his emphasis on timing, in the sense of forecasting, he will end up as a speculator and with a speculator's financial results." And "The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices.— Benjamin Graham
Mr. Soros, the chairman of Soros Fund Management, is best-known as a speculator, philanthropist and political activist. He made a fortune by doing things such as betting against Britain's currency in 1992 and Thailand's in 1997. A Hungarian refugee, he has spent millions to promote democracy and learning in post-Soviet nations.— Greg Ip
Here's how to know if you have the makeup to be an investor. How would you handle the following situation? Let's say you own a Procter & Gamble in your portfolio and the stock price goes down by half. Do you like it better? If it falls in half, do you reinvest dividends? Do you take cash out of savings to buy more? If you have the confidence to do that, then you're an investor. If you don't, you're not an investor, you're a speculator, and you shouldn't be in the stock market in the first place.— Seth Klarman
At times like the present, when the evils of unsound finance threaten us, the speculator may anticipate a harvest gathered from the misfortune of others, the capitalist may protect himself by hoarding or may even find profit in the fluctuations of values; but the wage earner - the first to be injured by a depreciated currency and the last to receive the benefit of its correction - is practically defenseless.— Grover Cleveland
The mathematical expectation of the speculator is zero.— Louis Bachelier
Speculator [10w]— Beryl Dov
A speculator's eyes light up alternately by greed and concupiscence.
![Speculator's Sayings By Beryl Dov: Speculator [10w] A speculator's eyes light up alternately by greed and concupiscence.](https://www.greatsayings.net/images/speculators-sayings-by-beryl-dov-36159.jpg "Speculator's Sayings By Beryl Dov: Speculator [10w] A speculator's eyes light up alternately by greed and concupiscence.")
It is true that the speculator may happen to go astray in his estimate of future prices. What is usually overlooked in considering this possibility is that under the given conditions it is far beyond the capacities of most people to foresee the future any more correctly. If this were not so, the opposing group of buyers or sellers would have got the upper hand in the market. The fact that the opinion accepted by the market has later proved to be false is lamented by nobody with more genuine sorrow than by the speculators who held it. They do not err of malice prepense; after all, their object is to make profits, not losses.— Ludwig Von Mises
East of my bean-field, across the road, lived Cato Ingraham, slave of Duncan Ingraham, Esquire, gentleman, of Concord village, whobuilt his slave a house, and gave him permission to live in Walden Woods;MCato, not Uticensis, but Concordiensis. Some say that he was a Guinea Negro. There are a few who remember his little patch among the walnuts, which he let grow up till he should be old and need them; but a younger and whiter speculator got them at last. He too, however, occupies an equally narrow house at present.— Henry David Thoreau
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 Lauriston Livermore
A speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.— John Maynard Keynes
Only suckers worry. But he can knock the worry if he takes a Scotch and soda. The hell with what the doctor says. So he rings for one and the steward comes sleepily, and as he drinks it, the speculator is not a sucker now; except for death.— Ernest Hemingway,
The underlying factor here is the tendency of the security markets to undervalue issues that are involved in any sort of complicated legal proceedings. An old Wall Street motto has been: "Never buy into a lawsuit." This may be sound advice to the speculator seeking quick action on his holdings. But the adoption of this attitude by the general public is bound to create bargain opportunities in the securities affected by it, since the prejudice against them holds their prices down to unduly low levels.*— Benjamin Graham
Traditionally the investor has been the man with patience and the courage of his convictions who would buy when the harried or disheartened speculator was selling.— Benjamin Graham
The speculator is not an investor.— Edwin Lefevre
Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the market - jump from one stock to another, hold a losing position too long, and cut out of a winner too soon, for no reason other than fear of losing profit. Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralised, depressed, despondent, and abandon the market and the chance to make a fortune from what the market has to offer.— Jesse Lauriston Livermore
The speculator who insists on trying to profit from daily minor movements will never be in a position to take advantage of the next important change marketwise when it occurs.— Anonymous
A speculator is a man who, if he dies at the right time, has a rich widow.— Christina Stead
Property has ever been a fluid concept— Anna Godbersen
just ask the wife of the Wall Street speculator who writes her party invitations on Marie Antoinette's escritoire.
Historians have long been squeamish about acknowledging that General Washington, like many of the American founders, was a voracious land speculator. Few academics and high school history teachers want to risk their careers by suggesting to their students that the father of their country worked the same day job as Donald Trump.— Rinker Buck
True regulation is for the equal benefit of the consumer and the investor, and the only man who will suffer from true regulation is the speculator or the unscrupulous promoter who levies tribute equally from the man who buys the service and from the man who invests his savings in this great industry.— Franklin D. Roosevelt
Beautiful credit! The foundation of modern society. Who shall say that this is not the golden age of mutual trust, of unlimited reliance upon human promises? That is a peculiar condition of society which enables a whole nation to instantly recognize point and meaning in the familiar newspaper anecdote, which puts into the mouth of a distinguished speculator in lands and mines this remark: 'I wasn't worth a cent two years ago, and now I owe two millions of dollars.— Mark Twain
If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.— Bernard Baruch
Speculator: One who bought stocks that went down.— Malcolm Forbes
A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.— Jesse Lauriston Livermore
The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices. Market movements are important to him in a practical sense, because they alternately create low price levels at which he would be wise to buy and high price levels at which he certainly should refrain from buying and probably would be wise to sell.— Benjamin Graham
A speculator is a man who observes the future, and acts before it occurs.— Bernard Baruch
Ask yourself: Am I an investor, or am I a speculator? An investor is a person who owns business and holds it forever and enjoys the returns that U.S. businesses, and to some extent global businesses, have earned since the beginning of time. Speculation is betting on price. Speculation has no place in the portfolio or the kit of the typical investor.— John C. Bogle
As a speculator you must embrace disorder and chaos.— Louis Bacon
The individual investor should act consistently as an investor and not as a speculator. This means ... that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money's worth for his purchase.— Benjamin Graham
The reader can test his own psychology by asking himself whether he would consider, in retrospect, the selling at 156 in 1925 and buying back at 109 in 1931 was a satisfactory operation. Some may think that an intelligent investor should have been able to sell out much closer to the high of 381 and to buy back nearer the low of 41. If that is your own view you are probably a speculator at heart and will have trouble keeping to true investment precepts while the market rushes up and down.— Benjamin Graham
Human nature, gentleman. It is original sin that leads men to misfortune, every time. I am a speculator in the market, gentlemen, and that is part of God's plan. Men only learn through suffering. So I punish human weakness, and God rewards me.— Edward Rutherfurd
If— Warren Buffett
you're an investor, you're looking on what the asset is going to do, if
you're a speculator, you're commonly focusing on what the price of the
object is going to do, and that's not our game.
A speculator gambles that a stock will go up in price because somebody else will pay even more for it.— Benjamin Graham
