Quotes About Strategy

Empezar por el final y elaborar la solución hacia atrás es una conocida técnica para resolver problemas.

En la búsqueda lógica se aspira al mejor enfoque

Design is the basis for action.

The terror of the Roman arms added weight and dignity to the moderation of the emperors. They preserved peace by a constant preparation for war;

But the experience of the world, from China to Britain, has exposed the vain attempt of fortifying any extensive tract of country. An active enemy, who can select and vary his points of attack, must, in the end, discover some feeble spot, on some unguarded moment. The strength, as well as the attention, of the defenders is divided; and such are the blind effects of terror on the firmest troops, that a line broken in a single place is almost instantly deserted.

These overtures of peace, translated into the servile and flattering language of Asia, were transmitted to the camp of the Great King; who resolved to signify, by an ambassador, the terms which he was inclined to grant to the suppliant Romans.

The art of obtaining the signature of a favorable testament, and sometimes of hastening the moment of its execution, is perfectly understood; and it has happened, that in the same house, though in different apartments, a husband and a wife, with the laudable design of overreaching each other, have summoned their respective lawyers, to declare, at the same time, their mutual, but contradictory, intentions.

Yet his dexterous policy prolonged the advantages of a salutary peace; and a numerous army of Huns and Alani, whom he had attached to his person, was employed in the defence of Gaul.

Edward Porter Alexander

That is about all I have learned—to study general conditions, to take a position and stick to it.

Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.

My losses have taught me that I must not begin to advance until I am sure I shall not have to retreat. But

Fear and hope remain the same; therefore the study of the psychology of speculators is as valuable as it ever was. Weapons change, but strategy remains strategy, on the New York Stock Exchange as on the battlefield. I think the clearest summing up of the whole thing was expressed by Thomas F. Woodlock when he declared: The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.

Never try to sell at the top. It isn't wise. Sell after a reaction if there is no rally.

The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit. It is absolutely wrong to gamble in stocks the way the average man does.

They say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in a bull market.

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 that precedents favored my play. There

A country cannot simultaneously prepare and prevent war.

You cannot beat a roulette table unless you steal money from it.

If I had an hour to solve a problem I'd spend 55 minutes thinking about the problem and 5 minutes thinking about solutions.

You cannot prevent and prepare for war at the same time.

An empty stomach is not a good political advisor.

A clever person solves a problem. A wise person avoids it.