When it comes to selling stocks, it is plain that nobody can sell unless somebody wants those stocks.If you operate on a large scale you will have to bear that in mind all the time.

The speculator is not an investor.

Being broke is a very efficient educational agency.

As a matter of fact I trade in accordance to my means and always leave myself an ample margin of safety.

The game taught me the game.

When you find that it fails to respond adequately to your buying you don't need any better tip to sell.

It takes a man a long time to learn all the lessons of all of his mistakes. They say there are two sides to everything. But there is only one side to the stock market; and it is not the bull side or the bear side, but the right side. It took me longer to get that general principle fixed firmly in my mind than it did most of the more technical phases of the game of stock speculation.