“Colleges don’t teach economics properly. Unfortunately we learn little from the experience of the past.”

Nobody ever lost money taking a profit

The path that was entered upon only one hundred and fifty years ago … How young she is! It will be centuries before she will adopt that maturity of custom – the clothing of the grave – that some people believe she is already fitted for.

The main purpose of the stock market is to make fools of as many men as possible.

Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man’s reasoning powers.

If a speculator is correct half of the time, he is hitting a good average.

No man should think himself a zero, and think he can do nothing about the state of the world.

I never lost money by turning a profit.

Let us not be deceived we are today in the midst of a cold war.

Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.

Most of the successful people I know mostly listen, not talk.

Most of the successful people I’ve known are the ones who do more listening than talking.

Buy straw hats in the wintertime. Summer will surely come.

When beggars and shoeshine boys, barbers and beauticians can tell you how to get rich it is time to remind yourself that there is no more dangerous illusion than the belief that one can get something for nothing.

The longer I operated on Wall Street the more distrustful I became of tips and inside information of every kind. Given time, I believe that inside information can break the Bank of England

A man can’t retire his experience.

Recipe for success: Be polite, prepare yourself for whatever you are asked to do, keep yourself tidy, be cheerful, don’t be envious, be honest with yourself so you will be honest with others, be helpful, interest yourself in your job.