Market values are fixed only in part by balance sheets and income statements; much more by the hopes and fears of humanity; by greed, ambition, acts of God, invention, financial stress and strain, weather, discovery, fashion and numberless other causes impossible to be listed without omission.
Gerald M. LoebThe greatest safety lies in putting all your eggs in one basket and watching the basket.
Gerald M. LoebInvesting solely for 'income,' investing merely 'to keep capital employed,' and investing simply 'to hedge against inflation' are all entirely out of the question.
Gerald M. Loeb