It is what people actually did in the stock market that counted - not what they said they were going to do.

When everyone thinks alike, there isn't much thinking taking place. Get out when you can, not when you have to.

Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start.

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

Trends come like a series of ocean waves, bringing the high tide when things are good and, as conditions recede, the low tide appears. These trends come unexpectedly, unpredictably, and they have to be weathered with temperance, poise, and patience- good or bad.

It never was my thinking that made the big money for me. It always was my sitting.

The average man doesn't wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn't even wish to have to think.