Nothing tells in the long run like a good judgment, and no…
“Nothing tells in the long run like a good judgment, and no sound judgment can remain with the man whose mind is disturbed by the mercurial changes of the stock exchange. It places him under an influence akin to intoxication. What is not, he sees, and what he sees, is not.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Sound judgment is essential; a disturbed mind from market volatility impairs decision‑making, akin to intoxication.
In simple terms: Clear mind needed for good decisions.
Key Takeaway
Cultivate mental stability.
Themes
finance
judgment
stability
Mood
analytical
serious
Type
advice
philosophical
When to use this quote
- investment decisions
- trading
- risk management
Key Concepts
psychology
market volatility
Questions to Reflect On
- How do you protect your mind from market swings?
- What practices keep judgment clear?
A Different Perspective
Market noise can still affect disciplined investors.