Market values are fixed only in part by balance sheets and income statements; much more by the hopes and fears of humanity; by greed, ambition, acts of God, invention, financial stress and strain, weather, discovery, fashion and numberless other causes… — Gerald M. Loeb Copy Share Image
I once read about a meeting of economists who agreed that if their forecasts were 33 1/3 % correct, that was considered a high mark in their profession. Well, of course, I know you cannot invest in securities successfully with odds like that against you if you place dependence solely upon judgement as to the right securities to own and… — Gerald M. Loeb Copy Share
Knowledge born from actual experience is the answer to why one profits; lack of it is the reason one loses — Gerald M. Loeb Copy Share Image
The greatest safety lies in putting all your eggs in one basket and watching the basket. — Gerald M. Loeb Copy Share Image
Don't be overly concerned about your heirs. Usually, unearned funds do them more harm than good. — Gerald M. Loeb Copy Share Image
The desire for gold is the most universal and deeply rooted commercial instinct of the human race. — Gerald M. Loeb Copy Share Image
Investing solely for 'income,' investing merely 'to keep capital employed,' and investing simply 'to hedge against inflation' are all entirely out of the question. — Gerald M. Loeb Copy Share Image
Market values are fixed only in part by balance sheets and income statements; much more by the hopes and fears of humanity; by greed,… — Gerald M. Loeb Copy Share Image
It is wise to remember that too much success in the stock market is in itself an excellent warning. — Gerald M. Loeb Copy Share Image
