No one ever went broke by taking a profit.

It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.

I don't know whether I make myself plain, but I never lose my temper over the stock market. I never argue with the tape. Getting sore at the market doesn't get you anywhere.

I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up.

If I learned all this so slowly it was because I learned by my mistakes, and some time always elapses between making a mistake and realizing it, and more time between realizing it and exactly determining it.

A man must study general conditions, to seize them so as to be able to anticipate probabilities.

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.