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If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.
John Maynard Keynes
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If one morning I walked on top of the water across the Potomac River, the headline that afternoon would read: "President Can't Swim."
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When the stock market crashed, Franklin D. Roosevelt got on the television and didn't just talk about the, you know, the princes of greed. He said, 'Look, here's what happened.
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I looked at my hands, to see if I was the same person now that I was free. There was such a glory over everything the sun came like gold through the trees, and over de fields, and I felt like I was in heaven.
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Most people might just as well buy a share of the whole market, which pools all the information, than delude themselves into thinking they know something the market doesn't.
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