Arbiter Quote by Martin Zweig
“To me, the "tape" is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape!”
About This Quote
Source Book: Investment Strategies (quote from interview)
Market data is the ultimate authority; never act against clear price signals.
In simple terms: Follow the market, not intuition.
Never fight the tape.
Themes
Mood
Type
When to use this quote
- trading
- portfolio decisions
- financial planning
Key Concepts
Questions to Reflect On
- How do you differentiate noise from signal?
- When should you trust your own analysis?
Market anomalies can mislead; data may be delayed.