Speculators Quotes - Page 4

• The day that witnesses the conversion of our ministers into political and philosophical speculators or scientific lecturers, will witness the final decay of clerical weight and influence.

  Peter Bayne

  Philosophical, Political, Finals

  7 Copy quote

• In whatever system where the weight attached to the wheel should be the cause of motion of the wheel, without any doubt the center of the gravity of the weight will stop beneath the center of its axle. No instrument devised by human ingenuity, which turns with its wheel, can remedy this effect. Oh, speculators about perpetual motion, how many vain chimeras have you created in the like quest. Go and take you place with the seekers after gold.

  Leonardo da Vinci

  Doubt, Gold, Causes

  5 Copy quote

• Speculation in oil stock companies was another great evil ... From the first, oil men had to contend with wild fluctuations in the price of oil. ... Such fluctuations were the natural element of the speculator, and he came early, buying in quantities and holding in storage tanks for higher prices. If enough oil was held, or if the production fell off, up went the price, only to be knocked down by the throwing of great quantities of stocks on the market.

  Ida Tarbell

  Men, Buying In, Oil

  13 Copy quote

• The reader can test his own psychology by asking himself whether he would consider, in retrospect, the selling at 156 in 1925 and buying back at 109 in 1931 was a satisfactory operation. Some may think that an intelligent investor should have been able to sell out much closer to the high of 381 and to buy back nearer the low of 41. If that is your own view you are probably a speculator at heart and will have trouble keeping to true investment precepts while the market rushes up and down.

  Benjamin Graham

  Heart, Intelligent, Thinking

  9 Copy quote

• Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts of booms or panics, the one thing that strikes you most forcibly is how little either stock speculation or stock speculators today differ from yesterday. The game does not change and neither does human nature.

  Edwin Lefevre

  Wall, Games, Indulge In

  Edwin Lefèvre (2004). “Reminiscences of a Stock Operator”, p.165, John Wiley & Sons

  12 Copy quote

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• We are convinced that the intelligent investor can derive satisfactory results from pricing of either type (market timing or fundamental analysis via price). We are equally sure that if he places his emphasis on timing, in the sense of forecasting, he will end up as a speculator and with a speculator's financial results." And "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.

  Benjamin Graham

  Lying, Intelligent, Analysis

  18 Copy quote

• Clergyman: A ticket speculator outside the gates of Heaven.

  H. L. Mencken

  Heaven, Tickets, Agnostic

  4 Copy quote

• The country is governed for the richest, for the corporations, the bankers, the land speculators, and for the exploiters of labor.

  Helen Keller

  Country, Land, Bankers

  Helen Keller (1967). “Helen Keller, her Socialist years: writings and speeches”

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• [In 1889] the last big tract of Indian land was declared open for settlement, in Oklahoma. The claimants and the speculators mounted their horses and lined up like trotters waiting for a starting gun. The itchy ones jumped the gun and were ever after known as Sooners-and Oklahoma was thereafter called the Sooner State.

  Alistair Cooke

  Horse, Gun, Land

  4 Copy quote