The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.

When the man who ought to want a stock doesn't want it, why should I want it?

And for a sucker play a man gets sucker pay; for the paymaster is on the job and never losses the pay envelope that is coming to you.

If a stock doesn’t act right don’t touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit.

The big money in booms is always made first by the public - on paper. And it remains on paper.

No man can always have adequate reasons for buying or selling stocks daily - or sufficient knowledge to make his play an intelligent play.

As I have said a thousand times, no manipulation can put stocks down and keep them down.