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

I was utterly free of speculative prejudices. The bear side doesn't appeal to me any more than the bull side, or vice versa. My one steadfast prejudice is against being wrong.

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

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 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.

At long as a stock is acting right, and the market is right, do not be in a hurry to take profits. One should never permit speculative ventures to run into investments.

There is time to go long, time to go short and time to go fishing.