Quotes from Gerald M. Loeb

Knowledge born from actual experience is the answer to why one profits; lack of it is the reason one loses

It is wise to remember that too much success in the stock market is in itself an excellent warning.

There is no rule about anything in the stock market save perhaps one. That rule is that the key to market tops and bottoms or the key to market advances or declines will never work more than once. The lock, so to speak, is always changed. Therefore, a little horse sense is far more useful than a lot of theory.

The desire for gold is the most universal and deeply rooted commercial instinct of the human race.