Never pay the slightest attention to what a company president ever says about his stock.

Never pay the slightest attention to what a company president ever says about his stock.

Even when we know what is right, too often we fail to act. More often we grab greedily for the day, letting tomorrow bring what it will, putting off the unpleasant and unpopular.

The stock market is people.

The terror created by weaponry has never stopped men from employing them.

Unless each man produces more than he receives, increases his output, there will be less for him than all the others.

Nothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.