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

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 collected 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 become a wise one."

- W. 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. Peter Steidlemayer

9) "Buy high, sell higher."

-William O'Neil

10) "Manage Your Risk or It Will Manage You!"

-Harald Anderson ? Analyst at eOptionsTrader.com

Harald Anderson is the founder and Chief Analyst of eOptionsTrader.com a leading online resource of Options Trading Information. He writes regularly for financial publications on Risk Management and Trading Strategies. His goal in life is to become the kind of person that his dog already thinks he is. http://www.eOptionsTrader.com.

In The News:


Daily Mail

'Investing in Iran now like investing in Krups in 1938'
Jerusalem Post, Israel - 18 hours ago
"Investing in Iran in 2008," Sneh told his Austrian hosts, "is like investing in Krups Steelworks in 1938, it's a high risk investment. ...
Israel Has Decided: Iran Will Not Have Nukes Arutz Sheva
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The 3 Investing Rules of a Billionaire Family
Motley Fool - 8 hours ago
By Alex Dumortier, CFA During the second half of the 20th century, Larry Tisch and his brother, Bob, turned an investment in a New Jersey resort hotel into ...

A Letter to Barack Obama
Motley Fool - 8 hours ago
This is still investing, but again, it is not gambling. A low-cost choice such as Vanguard Total Market (FUND: VTSMX) will currently provide an investor ...

Ski resorts investing more than $100M in improvements
Washington Business Journal, DC - 10 hours ago
Colorado ski areas that belong to the Colorado Ski Country USA trade group are putting more than $100 million into capital improvements for the upcoming ...

UPDATE 1-Templeton's Mobius likes Russia despite Georgia
Reuters - 7 hours ago
By Herbert Lash and Dan Burns NEW YORK, Aug 29 (Reuters) - One of the pioneers of emerging market investing on Friday said he had not backed off his bets on ...

BBC News

New US rules aimed at helping investing in foreign markets
Forbes, NY - Aug 27, 2008
United States - WASHINGTON (Reuters) - US investors are expected to have an easier time assessing and accessing foreign markets under rules adopted by the ...
Stockwire.com: Force Protection, Inc. (NASDAQ:FRPT) just released ... Trading Markets (press release)
Standards Deviations: US Financial Accounting Heads for Change Knowledge@W. P. Carey (subscription)
Far-reaching changes for US Financial Times
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When History Majors Invest
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Like many people without investing experience, I knew little about the stock market. Working as a Motley Fool copy editor, I encounter a language barrier, ...
Are You Ignoring the World's Next Great Growth Story? Motley Fool
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Cramer vs. Ken Fisher: How the Best Invest
TheStreet.com - 10 hours ago
I noticed that you have a couple of major differences in investing techniques. One is Jim Cramer says you shouldn't have more than five stocks, ...

The Most Essential Secret to Successful Investing
Seeking Alpha, NY - 5 hours ago
In fact, this particular quality isn’t even specific to investing; it’s essential to any skill. From an action standpoint, investing is boring. ...

The Investment case for the Gulf states
International Business Times, NY - 7 hours ago
This report is not intended to be a forecast of future events, a guarantee of future results or investment advice. Current market conditions may not ...
Oil's Trouble Spots Council on Foreign Relations
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