I Made My Money By Selling Too

When Good News About The Market Hits The Front Page Of The New York Times, Sell.

Nothing Did More To Spur The Boom In Stocks Than The Decision Made By The New York Federal Reserve Bank, In The Spring Of 1927, To Cut The Rediscount Rate. Benjamin Strong, Governor Of The Bank, Was Chief Advocate Of This Unwise Measure, Which Was Taken Largely At The Behest Of Montagu Norman Of The Bank Of England....at The Time Of The Banks Action I Warned Of Its Consequences....i Felt That Sooner Or Later The Market Had To Break.

You Can Overcome Anything If You Don't Bellyache.

We Can't Cross That Bridge Until We Come To It, But I Always Like To Lay Down A Pontoon Ahead Of Time.

Whatever Failures I Have Known, Whatever Errors I Have Committed, Whatever Follies I Have Witnessed In Private And Public Life Have Been The Consequence Of Action Without Thought.