It takes a man a long time to learn all the lessons of all his mistakes.

If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of ten thousand brothers or cousins of the original.

Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.

People who look for easy money invariable pay for the privilege of proving conclusively that it cannot be found on this earth.

It isn't as important to buy as cheap as possible as it is to buy at the right time.

Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.

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