“I refuse to believe that trading recipes is silly. Tunafish casserole is at least as real as corporate stock.”
“The broker said the stock was "poised to move." Silly me, I thought he meant up.”
“Obsoletes and absolutes are the stock in trade of religions that place their faith in an 'unchanging' god while faced with the reality of an ever-changing world.”
“It is one of the great ironies of corporate control that the corporate state needs the abilities of intellectuals to maintain power, yet outside of this role it refuses to permit intellectuals to think or function independently.”
“Babies were born, old people died, stocks were traded, and someone faked an orgasm. All in those five seconds.”
“Be greedy when others are fearful and fearful when others are greedy.' Easier said than done for the vast majority of stock traders. ... On every stock trade there is someone who wants to sell and someone who wants to buy, at least at a particular price. ...the person who is selling thinks that she is getting out just in time while the person buying thinks that he is about to make good money.... The truth is that the market doesn't really reflect some magical perfect valuation of a stock under the efficient market hypothesis. It reflects the mass consensus of how actual individual investors value the stock. It is the sum total of everyone's hopes and fears...”