It is absurd to think that the general public can ever make money out of market forecasts.

If I have noticed anything over these 60 years on Wall Street, it is that people do not succeed in forecasting what`s going to happen to the stock market.

The investor's chief problem - and even his worst enemy - is likely to be himself.

In the old legend the wise men finally boiled down the history of mortal affairs into a single phrase: 'This too will pass.'

Every corporate security may be best viewed, in the first instance, as an ownership interest in, or a claim against, a specific business enterprise.

there is a tendency in part of Wall Street people to pay excessive attention to the most recent figures and the present financial picture.

The market is always making mountains out of molehills and exaggerating ordinary vicissitudes into major setbacks.