Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little. — Fred Schwed Jr Copy Share Image
Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent… — Fred Schwed Jr Copy Share Image
“The notion, a debatable one, is that the man who knows the problems necessarily knows the answers. This book has not been successful if it has not suggested some big-league problems, such as: (1) Should our financial machinery be scrapped? (2) Should it be further tinkered with, and if so, how much further? (3) Is capitalism doomed? (4) What active… — Fred Schwed Jr Copy Share
“One can’t say that figures lie. But figures, as used in financial arguments, seem to have the bad habit of expressing a small part… — Fred Schwed Jr Copy Share Image
“The indignation school of writers never tires of pointing out the millions that are stolen in the Street. But while the millions are being… — Fred Schwed Jr Copy Share Image
