--- title: "23 Speculator Quotes by 17 authors" description: "Browse 23 Speculator quotes by 17 authors. Discover the best Speculator sayings and thoughts." image: "https://sms4smile.com/quotes/i/531/louis-bachelier-74249_expectations_the-mathematical-expectation-of-the-spec_2333436.png" --- > [The mathematical expectation of the speculator is zero.](https://sms4smile.com/quotes/louis-bachelier/the-mathematical-expectation-of-the-speculator-is-zero/) [Louis Bachelier](https://sms4smile.com/quotes/author/louis-bachelier/) [Image](https://sms4smile.com/quotes/i/531/louis-bachelier-74249_expectations_the-mathematical-expectation-of-the-spec_2333436.png) > [Speculator: One who bought stocks that went down.](https://sms4smile.com/quotes/malcolm-forbes/speculator-one-who-bought-stocks-that-went-down/) [Malcolm Forbes](https://sms4smile.com/quotes/author/malcolm-forbes/) [Image](https://sms4smile.com/quotes/i/2c7/malcolm-forbes-1510_business_speculator-one-who-bought-stocks-that-we_1583899.jpg) > [Clergyman: A ticket speculator outside the gates of Heaven.](https://sms4smile.com/quotes/h-l-mencken/clergyman-a-ticket-speculator-outside-the-gates-of-heaven/) [H. L. Mencken](https://sms4smile.com/quotes/author/h-l-mencken/) [Image](https://sms4smile.com/quotes/i/333/h-l-mencken-245_agnostic_clergyman-a-ticket-speculator-outside-th_686557.png) > [As a speculator you must embrace disorder and chaos.](https://sms4smile.com/quotes/louis-bacon/as-a-speculator-you-must-embrace-disorder-and-chaos/) [Louis Bacon](https://sms4smile.com/quotes/author/louis-bacon/) [Image](https://sms4smile.com/quotes/i/ffb/louis-bacon-38502_chaos_as-a-speculator-you-must-embrace-disorde_2372991.png) > [The speculator is not an investor.](https://sms4smile.com/quotes/edwin-lefevre/the-speculator-is-not-an-investor/) [Edwin Lefevre](https://sms4smile.com/quotes/author/edwin-lefevre/) [Image](https://sms4smile.com/quotes/i/767/edwin-lefevre-18294_investing_the-speculator-is-not-an-investor-215288_2152882.jpg) > [Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon have…](https://sms4smile.com/quotes/jesse-lauriston-livermore/speculation-is-a-hard-and-trying-business-and-a-speculator-must-be-on/) [Jesse Lauriston Livermore](https://sms4smile.com/quotes/author/jesse-lauriston-livermore/) [Image](https://sms4smile.com/quotes/i/5a5/jesse-lauriston-livermore-8857_business_speculation-is-a-hard-and-trying-busines_684345.png) > [... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of…](https://sms4smile.com/quotes/john-maynard-keynes/a-speculator-is-one-who-runs-risks-of-which-he-is-aware-and-an/) [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) [Image](https://sms4smile.com/quotes/i/21d/john-maynard-keynes-1380_customer_a-speculator-is-one-who-runs-risks-of-wh_2295937.png) > [A speculator is a man who, if he dies at the right time, has arich widow.](https://sms4smile.com/quotes/christina-stead/a-speculator-is-a-man-who-if-he-dies-at-the-right-time-has-arich-widow/) [Christina Stead](https://sms4smile.com/quotes/author/christina-stead/) [Image](https://sms4smile.com/quotes/i/7c3/christina-stead-2325_customer_a-speculator-is-a-man-who-if-he-dies-at_3035084.png) > [A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.](https://sms4smile.com/quotes/jesse-lauriston-livermore/a-prudent-speculator-never-argues-with-the-tape-markets-are-never/) [Jesse Lauriston Livermore](https://sms4smile.com/quotes/author/jesse-lauriston-livermore/) [Image](https://sms4smile.com/quotes/i/acb/jesse-lauriston-livermore-8857_arguing_a-prudent-speculator-never-argues-with-t_1128374.png) > [A speculator is a man who observes the future, and acts before it occurs.](https://sms4smile.com/quotes/bernard-baruch/a-speculator-is-a-man-who-observes-the-future-and-acts-before-it/) [Bernard Baruch](https://sms4smile.com/quotes/author/bernard-baruch/) [Image](https://sms4smile.com/quotes/i/83c/bernard-baruch-4292_customer_a-speculator-is-a-man-who-observes-the-f_1110186.png) > [A speculator gambles that a stock will go up in price because somebody else will pay even more for it.](https://sms4smile.com/quotes/benjamin-graham/a-speculator-gambles-that-a-stock-will-go-up-in-price-because/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) [Image](https://sms4smile.com/quotes/i/aca/benjamin-graham-1531_customer_a-speculator-gambles-that-a-stock-will-g_1625916.jpg) > [A speculator is a man who, if he dies at the right time, has a rich widow.](https://sms4smile.com/quotes/christina-stead/a-speculator-is-a-man-who-if-he-dies-at-the-right-time-has-a-rich/) [Christina Stead](https://sms4smile.com/quotes/author/christina-stead/) [Image](https://sms4smile.com/quotes/i/dbc/christina-stead-2325_customer_a-speculator-is-a-man-who-if-he-dies-at_196269.png) > [If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on…](https://sms4smile.com/quotes/warren-buffett/if-you-re-an-investor-you-re-looking-on-what-the-asset-is-going-to-do/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/172/warren-buffett-183_assets_if-you-re-an-investor-you-re-looking-on_875287.jpg) > [If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times…](https://sms4smile.com/quotes/bernard-baruch/if-a-speculator-is-correct-half-of-the-time-he-is-hitting-a-good/) [Bernard Baruch](https://sms4smile.com/quotes/author/bernard-baruch/) [Image](https://sms4smile.com/quotes/i/938/bernard-baruch-4292_average_if-a-speculator-is-correct-half-of-the-t_895943.png) > [Speculators often prosper through ignorance; it is a cliché that in a roaring bull market knowledge is superfluous and experience is a…](https://sms4smile.com/quotes/benjamin-graham/speculators-often-prosper-through-ignorance-it-is-a-clich-that-in-a/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) [Image](https://sms4smile.com/quotes/i/30b/benjamin-graham-1531_bull-market_speculators-often-prosper-through-ignora_1920384.jpg) > [“The speculator who insists on trying to profit from daily minor movements will never be in a position to take advantage of…](https://sms4smile.com/quotes/anonymous/the-speculator-who-insists-on-trying-to-profit-from-daily-minor/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) [Image](https://sms4smile.com/quotes/i/53c/anonymous-1_change_the-speculator-who-insists-on-trying-to_1868943.jpg) > [“What look?', I would ask. That look that I owe you something. That I've wronged you in some way. A pessimist. A…](https://sms4smile.com/quotes/weike-wang/what-look-i-would-ask-that-look-that-i-owe-you-something-that-i-ve/) [Weike Wang](https://sms4smile.com/quotes/author/weike-wang/) [Image](https://sms4smile.com/quotes/i/b05/weike-wang-22249_immigrant_what-look-i-would-ask-that-look-that-i-o_1632727.jpg) > [“Property has ever been a fluid concept--just ask the wife of the Wall Street speculator who writes her party invitations on Marie…](https://sms4smile.com/quotes/anna-godbersen/property-has-ever-been-a-fluid-concept-just-ask-the-wife-of-the-wall/) [Anna Godbersen](https://sms4smile.com/quotes/author/anna-godbersen/) [Image](https://sms4smile.com/quotes/i/2bd/anna-godbersen-3633_wall-street_property-has-ever-been-a-fluid-concept-j_2484227.png) > [Ask yourself: Am I an investor, or am I a speculator? An investor is a person who owns business and holds it…](https://sms4smile.com/quotes/john-c-bogle/ask-yourself-am-i-an-investor-or-am-i-a-speculator-an-investor-is-a/) [John C. Bogle](https://sms4smile.com/quotes/author/john-c-bogle/) [Image](https://sms4smile.com/quotes/i/16a/john-c-bogle-2199_ask-yourself_ask-yourself-am-i-an-investor-or-am-i-a_391970.jpg) > [“When as a young and unknown man I started to be successful I was referred to as a gambler. My operations increased…](https://sms4smile.com/quotes/allen-c-benello/when-as-a-young-and-unknown-man-i-started-to-be-successful-i-was/) [Allen C. Benello](https://sms4smile.com/quotes/author/allen-c-benello/) [Image](https://sms4smile.com/quotes/i/8fc/allen-c-benello-45829_gambler_when-as-a-young-and-unknown-man-i-starte_3050800.jpg) > [If a man walks in the woods for love of them half of each day, he is in danger of being regarded…](https://sms4smile.com/quotes/henry-david-thoreau/if-a-man-walks-in-the-woods-for-love-of-them-half-of-each-day-he-is/) [Henry David Thoreau](https://sms4smile.com/quotes/author/henry-david-thoreau/) [Image](https://sms4smile.com/quotes/i/fd7/henry-david-thoreau-20_danger_if-a-man-walks-in-the-woods-for-love-of_815819.jpg) > [The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator's primary interest…](https://sms4smile.com/quotes/benjamin-graham/the-most-realistic-distinction-between-the-investor-and-the/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) [Image](https://sms4smile.com/quotes/i/afa/benjamin-graham-1531_attitude_the-most-realistic-distinction-between-t_613703.jpg) > [Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the…](https://sms4smile.com/quotes/jesse-lauriston-livermore/just-remember-without-discipline-a-clear-strategy-and-a-concise-plan/) [Jesse Lauriston Livermore](https://sms4smile.com/quotes/author/jesse-lauriston-livermore/) [Image](https://sms4smile.com/quotes/i/994/jesse-lauriston-livermore-8857_abandon_just-remember-without-discipline-a-clear_1417338.png) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/speculator/#itemlist", "name": "Speculator Quotes", "numberOfItems": 23, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "The mathematical expectation of the speculator is zero.", "creator": { "@type": "Person", "name": "Louis Bachelier" }, "url": "https://sms4smile.com/quotes/louis-bachelier/the-mathematical-expectation-of-the-speculator-is-zero/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/531/louis-bachelier-74249_expectations_the-mathematical-expectation-of-the-spec_2333436.png", "contentUrl": "https://sms4smile.com/quotes/i/531/louis-bachelier-74249_expectations_the-mathematical-expectation-of-the-spec_2333436.png", "url": "https://sms4smile.com/quotes/i/531/louis-bachelier-74249_expectations_the-mathematical-expectation-of-the-spec_2333436.png", "width": 1080, "height": 1080, "caption": "“The mathematical expectation of the speculator is zero.” — Louis Bachelier", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "Speculator: One who bought stocks that went down.", "creator": { "@type": "Person", "name": "Malcolm Forbes" }, "url": "https://sms4smile.com/quotes/malcolm-forbes/speculator-one-who-bought-stocks-that-went-down/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/2c7/malcolm-forbes-1510_business_speculator-one-who-bought-stocks-that-we_1583899.jpg", "contentUrl": "https://sms4smile.com/quotes/i/2c7/malcolm-forbes-1510_business_speculator-one-who-bought-stocks-that-we_1583899.jpg", "url": "https://sms4smile.com/quotes/i/2c7/malcolm-forbes-1510_business_speculator-one-who-bought-stocks-that-we_1583899.jpg", "width": 1080, "height": 1080, "caption": "“Speculator: One who bought stocks that went down.” — Malcolm Forbes", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "Clergyman: A ticket speculator outside the gates of Heaven.", "creator": { "@type": "Person", "name": "H. L. Mencken" }, "url": "https://sms4smile.com/quotes/h-l-mencken/clergyman-a-ticket-speculator-outside-the-gates-of-heaven/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/333/h-l-mencken-245_agnostic_clergyman-a-ticket-speculator-outside-th_686557.png", "contentUrl": "https://sms4smile.com/quotes/i/333/h-l-mencken-245_agnostic_clergyman-a-ticket-speculator-outside-th_686557.png", "url": "https://sms4smile.com/quotes/i/333/h-l-mencken-245_agnostic_clergyman-a-ticket-speculator-outside-th_686557.png", "width": 1080, "height": 1080, "caption": "“Clergyman: A ticket speculator outside the gates of Heaven.” — H. L. Mencken", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "As a speculator you must embrace disorder and chaos.", "creator": { "@type": "Person", "name": "Louis Bacon" }, "url": "https://sms4smile.com/quotes/louis-bacon/as-a-speculator-you-must-embrace-disorder-and-chaos/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ffb/louis-bacon-38502_chaos_as-a-speculator-you-must-embrace-disorde_2372991.png", "contentUrl": "https://sms4smile.com/quotes/i/ffb/louis-bacon-38502_chaos_as-a-speculator-you-must-embrace-disorde_2372991.png", "url": "https://sms4smile.com/quotes/i/ffb/louis-bacon-38502_chaos_as-a-speculator-you-must-embrace-disorde_2372991.png", "width": 1080, "height": 1080, "caption": "“As a speculator you must embrace disorder and chaos.” — Louis Bacon", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "The speculator is not an investor.", "creator": { "@type": "Person", "name": "Edwin Lefevre" }, "url": "https://sms4smile.com/quotes/edwin-lefevre/the-speculator-is-not-an-investor/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/767/edwin-lefevre-18294_investing_the-speculator-is-not-an-investor-215288_2152882.jpg", "contentUrl": "https://sms4smile.com/quotes/i/767/edwin-lefevre-18294_investing_the-speculator-is-not-an-investor-215288_2152882.jpg", "url": "https://sms4smile.com/quotes/i/767/edwin-lefevre-18294_investing_the-speculator-is-not-an-investor-215288_2152882.jpg", "width": 1080, "height": 1080, "caption": "“The speculator is not an investor.” — Edwin Lefevre", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 6, "item": { "@type": "Quotation", "text": "Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon have no job to be on.", "creator": { "@type": "Person", "name": "Jesse Lauriston Livermore" }, "url": "https://sms4smile.com/quotes/jesse-lauriston-livermore/speculation-is-a-hard-and-trying-business-and-a-speculator-must-be-on/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/5a5/jesse-lauriston-livermore-8857_business_speculation-is-a-hard-and-trying-busines_684345.png", "contentUrl": "https://sms4smile.com/quotes/i/5a5/jesse-lauriston-livermore-8857_business_speculation-is-a-hard-and-trying-busines_684345.png", "url": "https://sms4smile.com/quotes/i/5a5/jesse-lauriston-livermore-8857_business_speculation-is-a-hard-and-trying-busines_684345.png", "width": 1080, "height": 1080, "caption": "“Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon…” — Jesse Lauriston Livermore", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.", "creator": { "@type": "Person", "name": "John Maynard Keynes" }, "url": "https://sms4smile.com/quotes/john-maynard-keynes/a-speculator-is-one-who-runs-risks-of-which-he-is-aware-and-an/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/21d/john-maynard-keynes-1380_customer_a-speculator-is-one-who-runs-risks-of-wh_2295937.png", "contentUrl": "https://sms4smile.com/quotes/i/21d/john-maynard-keynes-1380_customer_a-speculator-is-one-who-runs-risks-of-wh_2295937.png", "url": "https://sms4smile.com/quotes/i/21d/john-maynard-keynes-1380_customer_a-speculator-is-one-who-runs-risks-of-wh_2295937.png", "width": 1080, "height": 1080, "caption": "“... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which…” — John Maynard Keynes", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "A speculator is a man who, if he dies at the right time, has arich widow.", "creator": { "@type": "Person", "name": "Christina Stead" }, "url": "https://sms4smile.com/quotes/christina-stead/a-speculator-is-a-man-who-if-he-dies-at-the-right-time-has-arich-widow/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/7c3/christina-stead-2325_customer_a-speculator-is-a-man-who-if-he-dies-at_3035084.png", "contentUrl": "https://sms4smile.com/quotes/i/7c3/christina-stead-2325_customer_a-speculator-is-a-man-who-if-he-dies-at_3035084.png", "url": "https://sms4smile.com/quotes/i/7c3/christina-stead-2325_customer_a-speculator-is-a-man-who-if-he-dies-at_3035084.png", "width": 1080, "height": 1080, "caption": "“A speculator is a man who, if he dies at the right time, has arich widow.” — Christina Stead", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.", "creator": { "@type": "Person", "name": "Jesse Lauriston Livermore" }, "url": "https://sms4smile.com/quotes/jesse-lauriston-livermore/a-prudent-speculator-never-argues-with-the-tape-markets-are-never/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/acb/jesse-lauriston-livermore-8857_arguing_a-prudent-speculator-never-argues-with-t_1128374.png", "contentUrl": "https://sms4smile.com/quotes/i/acb/jesse-lauriston-livermore-8857_arguing_a-prudent-speculator-never-argues-with-t_1128374.png", "url": "https://sms4smile.com/quotes/i/acb/jesse-lauriston-livermore-8857_arguing_a-prudent-speculator-never-argues-with-t_1128374.png", "width": 1080, "height": 1080, "caption": "“A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.” — Jesse Lauriston Livermore", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "A speculator is a man who observes the future, and acts before it occurs.", "creator": { "@type": "Person", "name": "Bernard Baruch" }, "url": "https://sms4smile.com/quotes/bernard-baruch/a-speculator-is-a-man-who-observes-the-future-and-acts-before-it/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/83c/bernard-baruch-4292_customer_a-speculator-is-a-man-who-observes-the-f_1110186.png", "contentUrl": "https://sms4smile.com/quotes/i/83c/bernard-baruch-4292_customer_a-speculator-is-a-man-who-observes-the-f_1110186.png", "url": "https://sms4smile.com/quotes/i/83c/bernard-baruch-4292_customer_a-speculator-is-a-man-who-observes-the-f_1110186.png", "width": 1080, "height": 1080, "caption": "“A speculator is a man who observes the future, and acts before it occurs.” — Bernard Baruch", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 11, "item": { "@type": "Quotation", "text": "A speculator gambles that a stock will go up in price because somebody else will pay even more for it.", "creator": { "@type": "Person", "name": "Benjamin Graham" }, "url": "https://sms4smile.com/quotes/benjamin-graham/a-speculator-gambles-that-a-stock-will-go-up-in-price-because/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/aca/benjamin-graham-1531_customer_a-speculator-gambles-that-a-stock-will-g_1625916.jpg", "contentUrl": "https://sms4smile.com/quotes/i/aca/benjamin-graham-1531_customer_a-speculator-gambles-that-a-stock-will-g_1625916.jpg", "url": "https://sms4smile.com/quotes/i/aca/benjamin-graham-1531_customer_a-speculator-gambles-that-a-stock-will-g_1625916.jpg", "width": 1080, "height": 1080, "caption": "“A speculator gambles that a stock will go up in price because somebody else will pay even more for it.” — Benjamin Graham", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 12, "item": { "@type": "Quotation", "text": "A speculator is a man who, if he dies at the right time, has a rich widow.", "creator": { "@type": "Person", "name": "Christina Stead" }, "url": "https://sms4smile.com/quotes/christina-stead/a-speculator-is-a-man-who-if-he-dies-at-the-right-time-has-a-rich/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/dbc/christina-stead-2325_customer_a-speculator-is-a-man-who-if-he-dies-at_196269.png", "contentUrl": "https://sms4smile.com/quotes/i/dbc/christina-stead-2325_customer_a-speculator-is-a-man-who-if-he-dies-at_196269.png", "url": "https://sms4smile.com/quotes/i/dbc/christina-stead-2325_customer_a-speculator-is-a-man-who-if-he-dies-at_196269.png", "width": 1080, "height": 1080, "caption": "“A speculator is a man who, if he dies at the right time, has a rich widow.” — Christina Stead", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 13, "item": { "@type": "Quotation", "text": "If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/if-you-re-an-investor-you-re-looking-on-what-the-asset-is-going-to-do/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/172/warren-buffett-183_assets_if-you-re-an-investor-you-re-looking-on_875287.jpg", "contentUrl": "https://sms4smile.com/quotes/i/172/warren-buffett-183_assets_if-you-re-an-investor-you-re-looking-on_875287.jpg", "url": "https://sms4smile.com/quotes/i/172/warren-buffett-183_assets_if-you-re-an-investor-you-re-looking-on_875287.jpg", "width": 1080, "height": 1080, "caption": "“If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 14, "item": { "@type": "Quotation", "text": "If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.", "creator": { "@type": "Person", "name": "Bernard Baruch" }, "url": "https://sms4smile.com/quotes/bernard-baruch/if-a-speculator-is-correct-half-of-the-time-he-is-hitting-a-good/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/938/bernard-baruch-4292_average_if-a-speculator-is-correct-half-of-the-t_895943.png", "contentUrl": "https://sms4smile.com/quotes/i/938/bernard-baruch-4292_average_if-a-speculator-is-correct-half-of-the-t_895943.png", "url": "https://sms4smile.com/quotes/i/938/bernard-baruch-4292_average_if-a-speculator-is-correct-half-of-the-t_895943.png", "width": 1080, "height": 1080, "caption": "“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out…” — Bernard Baruch", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 15, "item": { "@type": "Quotation", "text": "Speculators often prosper through ignorance; it is a cliché that in a roaring bull market knowledge is superfluous and experience is a handicap. But the typical experience of the speculator is one of temporary profit and ultimate loss", "creator": { "@type": "Person", "name": "Benjamin Graham" }, "url": "https://sms4smile.com/quotes/benjamin-graham/speculators-often-prosper-through-ignorance-it-is-a-clich-that-in-a/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/30b/benjamin-graham-1531_bull-market_speculators-often-prosper-through-ignora_1920384.jpg", "contentUrl": "https://sms4smile.com/quotes/i/30b/benjamin-graham-1531_bull-market_speculators-often-prosper-through-ignora_1920384.jpg", "url": "https://sms4smile.com/quotes/i/30b/benjamin-graham-1531_bull-market_speculators-often-prosper-through-ignora_1920384.jpg", "width": 1080, "height": 1080, "caption": "“Speculators often prosper through ignorance; it is a cliché that in a roaring bull market knowledge is…” — Benjamin Graham", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 16, "item": { "@type": "Quotation", "text": "“The speculator who insists on trying to profit from daily minor movements will never be in a position to take advantage of the next important change marketwise when it occurs.”", "creator": { "@type": "Person", "name": "Anonymous" }, "url": "https://sms4smile.com/quotes/anonymous/the-speculator-who-insists-on-trying-to-profit-from-daily-minor/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/53c/anonymous-1_change_the-speculator-who-insists-on-trying-to_1868943.jpg", "contentUrl": "https://sms4smile.com/quotes/i/53c/anonymous-1_change_the-speculator-who-insists-on-trying-to_1868943.jpg", "url": "https://sms4smile.com/quotes/i/53c/anonymous-1_change_the-speculator-who-insists-on-trying-to_1868943.jpg", "width": 1080, "height": 1080, "caption": "“The speculator who insists on trying to profit from daily minor movements will never be in a position to…” — Anonymous", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 17, "item": { "@type": "Quotation", "text": "“What look?', I would ask. That look that I owe you something. That I've wronged you in some way. A pessimist. A constant speculator. Had she'd known what American was like, she might not have immigrated.”", "creator": { "@type": "Person", "name": "Weike Wang" }, "url": "https://sms4smile.com/quotes/weike-wang/what-look-i-would-ask-that-look-that-i-owe-you-something-that-i-ve/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b05/weike-wang-22249_immigrant_what-look-i-would-ask-that-look-that-i-o_1632727.jpg", "contentUrl": "https://sms4smile.com/quotes/i/b05/weike-wang-22249_immigrant_what-look-i-would-ask-that-look-that-i-o_1632727.jpg", "url": "https://sms4smile.com/quotes/i/b05/weike-wang-22249_immigrant_what-look-i-would-ask-that-look-that-i-o_1632727.jpg", "width": 1080, "height": 1080, "caption": "“What look?', I would ask. That look that I owe you something. That I've wronged you in some way. A…” — Weike Wang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 18, "item": { "@type": "Quotation", "text": "“Property has ever been a fluid concept--just ask the wife of the Wall Street speculator who writes her party invitations on Marie Antoinette's escritoire.”", "creator": { "@type": "Person", "name": "Anna Godbersen" }, "url": "https://sms4smile.com/quotes/anna-godbersen/property-has-ever-been-a-fluid-concept-just-ask-the-wife-of-the-wall/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/2bd/anna-godbersen-3633_wall-street_property-has-ever-been-a-fluid-concept-j_2484227.png", "contentUrl": "https://sms4smile.com/quotes/i/2bd/anna-godbersen-3633_wall-street_property-has-ever-been-a-fluid-concept-j_2484227.png", "url": "https://sms4smile.com/quotes/i/2bd/anna-godbersen-3633_wall-street_property-has-ever-been-a-fluid-concept-j_2484227.png", "width": 1080, "height": 1080, "caption": "“Property has ever been a fluid concept--just ask the wife of the Wall Street speculator who writes her party…” — Anna Godbersen", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 19, "item": { "@type": "Quotation", "text": "Ask yourself: Am I an investor, or am I a speculator? An investor is a person who owns business and holds it forever and enjoys the returns that U.S. businesses, and to some extent global businesses, have earned since the beginning of time. Speculation is betting on price. Speculation has no place in the portfolio or the kit of the typical investor.", "creator": { "@type": "Person", "name": "John C. Bogle" }, "url": "https://sms4smile.com/quotes/john-c-bogle/ask-yourself-am-i-an-investor-or-am-i-a-speculator-an-investor-is-a/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/16a/john-c-bogle-2199_ask-yourself_ask-yourself-am-i-an-investor-or-am-i-a_391970.jpg", "contentUrl": "https://sms4smile.com/quotes/i/16a/john-c-bogle-2199_ask-yourself_ask-yourself-am-i-an-investor-or-am-i-a_391970.jpg", "url": "https://sms4smile.com/quotes/i/16a/john-c-bogle-2199_ask-yourself_ask-yourself-am-i-an-investor-or-am-i-a_391970.jpg", "width": 1080, "height": 1080, "caption": "“Ask yourself: Am I an investor, or am I a speculator? An investor is a person who owns business and holds it…” — John C. Bogle", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 20, "item": { "@type": "Quotation", "text": "“When as a young and unknown man I started to be successful I was referred to as a gambler. My operations increased in scope. Then I was a speculator. The sphere of my activities continued to expand and presently I was known as a banker. Actually I have been doing the same thing all the time.”", "creator": { "@type": "Person", "name": "Allen C. Benello" }, "url": "https://sms4smile.com/quotes/allen-c-benello/when-as-a-young-and-unknown-man-i-started-to-be-successful-i-was/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/8fc/allen-c-benello-45829_gambler_when-as-a-young-and-unknown-man-i-starte_3050800.jpg", "contentUrl": "https://sms4smile.com/quotes/i/8fc/allen-c-benello-45829_gambler_when-as-a-young-and-unknown-man-i-starte_3050800.jpg", "url": "https://sms4smile.com/quotes/i/8fc/allen-c-benello-45829_gambler_when-as-a-young-and-unknown-man-i-starte_3050800.jpg", "width": 1080, "height": 1080, "caption": "“When as a young and unknown man I started to be successful I was referred to as a gambler. My operations…” — Allen C. Benello", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 21, "item": { "@type": "Quotation", "text": "If a man walks in the woods for love of them half of each day, he is in danger of being regarded as a loafer. But if he spends his days as a speculator, shearing off those woods and making the earth bald before her time, he is deemed an industrious and enterprising citizen.", "creator": { "@type": "Person", "name": "Henry David Thoreau" }, "url": "https://sms4smile.com/quotes/henry-david-thoreau/if-a-man-walks-in-the-woods-for-love-of-them-half-of-each-day-he-is/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/fd7/henry-david-thoreau-20_danger_if-a-man-walks-in-the-woods-for-love-of_815819.jpg", "contentUrl": "https://sms4smile.com/quotes/i/fd7/henry-david-thoreau-20_danger_if-a-man-walks-in-the-woods-for-love-of_815819.jpg", "url": "https://sms4smile.com/quotes/i/fd7/henry-david-thoreau-20_danger_if-a-man-walks-in-the-woods-for-love-of_815819.jpg", "width": 1080, "height": 1080, "caption": "“If a man walks in the woods for love of them half of each day, he is in danger of being regarded as a…” — Henry David Thoreau", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 22, "item": { "@type": "Quotation", "text": "The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices. Market movements are important to him in a practical sense, because they alternately create low price levels at which he would be wise to buy and high price levels at which he certainly should refrain from buying and probably would be wise to sell.", "creator": { "@type": "Person", "name": "Benjamin Graham" }, "url": "https://sms4smile.com/quotes/benjamin-graham/the-most-realistic-distinction-between-the-investor-and-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/afa/benjamin-graham-1531_attitude_the-most-realistic-distinction-between-t_613703.jpg", "contentUrl": "https://sms4smile.com/quotes/i/afa/benjamin-graham-1531_attitude_the-most-realistic-distinction-between-t_613703.jpg", "url": "https://sms4smile.com/quotes/i/afa/benjamin-graham-1531_attitude_the-most-realistic-distinction-between-t_613703.jpg", "width": 1080, "height": 1080, "caption": "“The most realistic distinction between the investor and the speculator is found in their attitude toward…” — Benjamin Graham", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 23, "item": { "@type": "Quotation", "text": "Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the market - jump from one stock to another, hold a losing position too long, and cut out of a winner too soon, for no reason other than fear of losing profit. Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralised, depressed, despondent, and abandon the market and the chance to make a fortune from what the market has to offer.", "creator": { "@type": "Person", "name": "Jesse Lauriston Livermore" }, "url": "https://sms4smile.com/quotes/jesse-lauriston-livermore/just-remember-without-discipline-a-clear-strategy-and-a-concise-plan/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/994/jesse-lauriston-livermore-8857_abandon_just-remember-without-discipline-a-clear_1417338.png", "contentUrl": "https://sms4smile.com/quotes/i/994/jesse-lauriston-livermore-8857_abandon_just-remember-without-discipline-a-clear_1417338.png", "url": "https://sms4smile.com/quotes/i/994/jesse-lauriston-livermore-8857_abandon_just-remember-without-discipline-a-clear_1417338.png", "width": 1080, "height": 1080, "caption": "“Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all…” — Jesse Lauriston Livermore", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/speculator/#webpage", "url": "https://sms4smile.com/quotes/about/speculator/", "name": "Speculator Quotes", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/speculator/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/531/louis-bachelier-74249_expectations_the-mathematical-expectation-of-the-spec_2333436.png" }, "description": "Browse 23 Speculator quotes by 17 authors. 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