Logical? ...Stocks Are Anything But!

Friday, June 12, 2009

Words of wisdom from The Battle for Investment Survival by Gerald M. Loeb published in 1935:

"The most important things any reader of these chapters can learn are likewise that investment and speculation are difficult, not easy; uncertain, not clear-cut; treacherous, not logical. Here, more than anywhere in the world, is the land of illusion. Things are not what they seem. Two and two don't always make four. 'Stocks were made to sell.' Caveat emptor-'Let the buyer beware.'"


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