Never buy at the bottom, and always sell too soon.

I began to realize that the big money must necessarily be in the big swing.

I know from experience that nobody can give me a tip or a series of tips that will make more money for me than my own judgment.

The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.

The stock market is never obvious. It is designed to fool most of the people, most of the time.

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.