Men who can both be right and sit tight are uncommon.

Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money.

Most people, whether bull or bear, when they are right, are right for the wrong reason, in my opinion.

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

It took me five years to learn to play the game intelligently enough to make big money when I was right.

He really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.