“It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.”

“Short a bear market, go long in a bull market, either play, you do it on a hunch, harbor a whole lot of hope, then sit back and try not to bite your nails. Because no one knows anything for sure. Foresight is a hunch. Everyone is making it up as best they can, and life’s winners are those who smile at the truth of it and can cut a wake through a Sargasso of ego, guesswork, bullshit and chance.”

“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...”

“Money is for doing things, my love. Don't sit on it like a hen sits on an egg. It doesn't hatch. I should know. I've made enough of it.”

“Since I emerged that day from the labyrinth, Dazed with the tall and echoing passages, The swift recoils, so many I almost feared I’d meet myself returning at some smooth corner, Myself or my ghost, for all there was unreal After the straw ceased rustling and the bull Lay dead upon the straw and I remained… I could not live if this were not illusion. It is a world, perhaps; but there’s another. For once in a dream or trance I saw the gods Each sitting on the top of his mountain-isle, While down below the little ships sailed by… That was the real world; I have touched it once, And now shall know it always. But the lie, The maze, the wild-wood waste of falsehood, roads That run and run and never reach an end, Embowered in error – I’d be prisoned there But that my soul has birdwings to fly free. Oh these deceits are strong almost as life. Last night I dreamt I was in the labyrinth, And woke far on. I did not know the place.”

“Marketing is what you do when your product is no good.”

“God is never late and rarely early. He is always exactly right on time--His time.”