Gerald M. Loeb Quotes
- The desire for gold is the most universal and deeply rooted commercial instinct of the human race.
- Stocks are bought on expectations, not facts.
- Successful investment is a battle for financial survival.
- The greatest safety lies in putting all your eggs in one basket and watching the basket.
- Investing solely for 'income,' investing merely 'to keep capital employed,' and investing simply 'to hedge against inflation' are all entirely out of the question.
- Don't be overly concerned about your heirs. Usually, unearned funds do them more harm than good.
- 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…
- 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,…