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イーギャランティー

2009年03月27日

I told you I had ten thousand dollars

カテゴリ：カテゴリ未分類

was over ten thousand.
But I didn't always win.
My plan of trading was sound enough and won oftener than it lost.
If I had stuck to it I'd have been right
perhaps as often as seven out of ten times.
In fact, I always made money when I was sure I was right before I began.
What beat me was not having brains enough to stick to my own game -
that is, to play the market only when I was satisfied

There is a time for all things, but I didn't know it.
And that is precisely what beats so many men in Wall Street
who are very far from being in the main sucker class.
There is the plain fool, who does the wrong thing at all times everywhere,
but there is the Wall Street fool,
who thinks he must trade all the time.
No man can always have adequate reasons for buying or selling stocks daily or sufficient knowledge to make his. play an intelligent play.

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