Economists don't usually make good speculators, because they think too much. — Paul Krugman Copy Share Image
Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon have… — Jesse Lauriston Livermore Copy Share Image
... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of… — John Maynard Keynes Copy Share Image
Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response. — Anonymous Copy Share Image
The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. — Jesse Lauriston Livermore Copy Share Image
Despite the deep reforms we are making, traders and speculators have forced interest rates on Greek bonds to record highs. — George Papandreou Copy Share Image
It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight! — Edwin Lefevre Copy Share Image
A prudent speculator never argues with the tape. Markets are never wrong, opinions often are. — Jesse Lauriston Livermore Copy Share Image
There are more speculators about New Westminster and Victoria than there were in Winnipeg during the boom and they are a much… — William Cornelius Van Horne Copy Share Image
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… — Warren Buffett Copy Share Image
When you look at a commodities market you need hedgers and speculators. If you don't have one, you don't have a market.… — T. Boone Pickens Copy Share Image
However, it is safe to say that at the peak in 1929 the number of active speculators was less - and probably… — John Kenneth Galbraith Copy Share Image
Speculators often prosper through ignorance; it is a cliché that in a roaring bull market knowledge is superfluous and experience is a… — Benjamin Graham Copy Share Image
Speculators get a bad rap. In the popular imagination they're greedy, heedless, and amoral, adept at price manipulations and dirty tricks. In… — James Surowiecki Copy Share Image
“At the basis of these swindles and manipulations lies socialised production; but the immense progress of humanity, which achieved this socialisation, goes… — Vladimir Lenin Copy Share Image
Traditionally the investor has been the man with patience and the courage of his convictions who would buy when the harried or… — Benjamin Graham Copy Share Image
on Broadway money rules. Like a host of vultures, the ticket brokers, the speculators, the craft unions, the agents, the backers, the… — Marya Mannes Copy Share Image
In whatever system where the weight attached to the wheel should be the cause of motion of the wheel, without any doubt… — Leonardo da Vinci Copy Share Image
We are convinced that the intelligent investor can derive satisfactory results from pricing of either type (market timing or fundamental analysis via… — Benjamin Graham Copy Share Image
The reader can test his own psychology by asking himself whether he would consider, in retrospect, the selling at 156 in 1925… — Benjamin Graham Copy Share Image
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 Copy Share Image
The very willow-rows lopped every three years for fuel or powder, - and every sizable pine and oak, or other forest tree,… — Henry David Thoreau Copy Share Image
Here’s how to know if you have the makeup to be an investor. How would you handle the following situation? Let’s say… — Seth Klarman Copy Share Image
Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts of booms… — Edwin Lefevre Copy Share Image
The reality is that the founding fathers were land speculators. The fact was that you couldn't vote in this country if you… — Winona LaDuke Copy Share Image
“The necessity arising from a want of specie is represented as greater than it really is. I contend that it is by… — G Edward Griffin Copy Share Image
The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator's primary interest… — Benjamin Graham Copy Share Image
You cannot do anything without rousing the masses to action. A plenary meeting of the Soviet must be called to decide on… — Vladimir Lenin Copy Share Image
The sober people of America are weary of the fluctuating policy which has directed the public councils. They have seen with regret… — James Madison Copy Share Image
While no one wishes to incur losses, you couldn't prove it from an examination of the behavior of most investors and speculators.… — Seth Klarman Copy Share Image
“Roughly speaking: more than forty held government bonds. More than twenty were moneylenders. Over fifteen were slave owners. The rest an assortment… — Ed Asner Copy Share Image
Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the… — Jesse Lauriston Livermore Copy Share Image