Quotes About Speculation

Speculative fiction both requires and rewards an open mind.

We continually forget that the sphere of morals is the sphere of action, that speculation in regard to morality is but observation and must remain in the sphere of intellectual comment, that a situation does not really become moral until we are confronted with the question of what shall be done in a concrete case, and are obliged to act upon our theory.

Garza narrowed his eyes, then leaned back in his

Back in 1993, he said, "An orangutan could figure out that the stock is selling miles above the value of the company if it were liquidated. I keep telling people this, but they keep buying the stock."24

Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees.

Sanditon was a second wife and four children to him -- hardly less dear --- and certainly more engrossing.--- He could talk of it for ever. --- It had indeed the highest claims; --- not only those of birth place, property, and home, --- it was mine, his lottery, his speculation and his hobby horse; his occupation, his hope and his futurity.--- Sanditon, Jane Austen

Why don't we just call plans what they really are: guesses.

Step by step, place became property, property became a mortgage, and mortgages became derivative investments.

The philosophers of Greece deduced their morals from the nature of man, rather than from that of God. They meditated, however, on the Divine Nature, as a very curious and important speculation; and in the profound inquiry, they displayed the strength and weakness of the human understanding. [

A Wall Street man is greedy, too. No harm in that. Without greed, I always say, there'd be no civilization. But the Wall Street man doesn't have the patience to till the soil or manufacture things. He's clever, but he's not deep. He invests in companies, but he doesn't much care what they are, or what they do. What he wants is to bet on them. Wall Street will always be full of young men, betting.

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.

Another lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market to-day has happened before and will happen again. I've never forgotten that. I suppose I really manage to remember when and how it happened. The fact that I remember that way is my way of capitalizing experience.

The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.

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.

You can't tell till you bet.

Those people have seen something. What it is I do not know and I can not care to know. (on flying saucers)

Eso de estar siempre conjeturando cómo será el futuro es una deficiencia humana, y de esa deficiencia surgió el cine.

Anyone who spotted a weed in a neglected field—a nice wild sorrel, say—and wanted to know whether it had come from a seed that had sprouted in the field, was blown in by the wind, or had been dropped there by a bird, would never, no matter how long they pondered it, reach a conclusion

There is no passion of the human heart, no speculation of the human mind, to which Shakespeare has not, in some passage or another, given expressive utterance.

From a drop of water a logician could infer the possibility of an Atlantic or a Niagara without having seen or heard of one or the other.

Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.

Gambling: The sure way of getting nothing for something.

Science fiction, to me, has not only things that wouldn't happen, but other planets.

I really believe that the aliens are us from the future. It seems to me a very plausible reason that explains a lot of phenomena as opposed to green men with one eye from outer space.