• Letting losses run is the most serious mistake made by most investors.~William O’Neil

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The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor. Jesse Livermore The man who can drive himself further once the effort gets painful, is the man who will win. Roger Bannister. Patience: even if you’re good at investing it takes a long time to get … Continue reading

The Stock Exchange

The main purpose of the stock market is to make fools of as many men as possible. Bernard Baruch If the general function of the different stock markets is to fuck as many men as possible, that of the Italian one is mainly to cheat, deceive, deprive and defraud the largest number of poor assholes. Carl William Brown The stock market is a device for transferring money from the impatient to the patient. Warren Buffett … Continue reading