Quotes About Speculation

The willingness to abandon is usually the more trustworthy response. If you don't sense or can't cultivate this willingness in yourself, speculation of any kind could be difficult for you, and speculation on margin could be disastrous

The Axioms are about speculation, not psychological self-help, and therefore they have no advice to offer on how you overcome these obstacles. That is an internal and individual process; the how is probably different for each of us.

The best strategy to making money in the stock market is to buy an asset before it becomes too popular. You buy low and sell high, you do not buy high and hope you will sell higher. This is not an investment strategy it is speculation.

Reasonable, smart people disagree about what will happen in the future—in part because nobody can see the future.

finance was to become a public utility, situated in the public domain or at least alongside a public banking option. Instead, the past century's expansion of predatory credit has been reinforced by de-taxing interest, land rent, financial speculation, debt leveraging and "capital" (asset-price) gains.

When the corporate press engages in idle speculation, it's "having a discussion." When someone with a large following on social media engages in brainstorming, it's "dangerous" and "irresponsible.

Trend trader Larry Hite put it another way: "There are four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose.

Speculation is looked upon as being so much more risky than other avocations cause its results are more sudden and startling, though not one whit more disastrous. Statistics show that ninety-five out of one hundred men fail in mercantile life. The proportion is not greater among speculators: quicker action is obtained whether it be favorable or unfavorable, and it does not take five or ten years' time to find that you are playing a losing game."7

Lewandowski and Hannity actually thought that the House might be hours away from voting articles of impeachment.

What was he doing? Reading a little, maybe. We can't even be sure of this. In fact, his biographers have to admit they don't know much at all, and that, judging from appearances - at least between the ages of eighteen and twenty-three - he did absolutely nothing.

I am neither a sociologist nor a politician. All I can do is imagine for myself what the future will be like.

Science fiction deals with improbable possibilities, fantasy with plausible impossibilities.

With their ability to move billions of dollars at the speed of light away from a country whose economic policies they distrust, hedge funds are just one of the many financial institutions whose

A market boom based entirely on capital gains is merely a form of pyramid selling.

Like everybody, I have invested in things that have gone bad, because there's never any guarantee of success or profit when it comes to money.

So-called end-time speculation, which is the daily bread of many in the American religious right, is not unconnected to the agenda of some of America's leading politicians.

Eller nodded while staring into the flames, then said, 'Have you heard of the Occam Heresy?' 'I have. The heresy is that only verifiable facts can be assumed as truth, while ecclesiastical thought is only speculation. It is denial of God. It negates the idea that the Fall was due to the sin of pride.' 'Very dangerous in religious circles,' said Eller. 'We wouldn't want facts to get in the way now would we?

People love conspiracy theories.

I started out writing much more science fictiony stuff and writing about science fiction.

an' there never yet was speculation but in the long run, it meant smash. Ye run so hard that ye fall ower yoursel

How impossibly untangleable is the tangle of what ifs.

To philosophize is to guess, without ever being able to know whether we are right.

The party will go on until reckless speculation becomes unsustainable, ending with the inevitable collapse in bullish sentiment, a phenomenon called a Minsky moment, named for economist Hyman Minsky. It's what happens when market watchers suddenly begin to wake up and worry about irrational exuberance. Once their sentiment changes, a crash is inevitable as an asset and credit bubble and boom goes into a bust.

A boom-and-bust pattern has been well chronicled since the publication of Extraordinary Popular Delusions and the Madness of Crowds in 1841. In it, Scottish author Charles Mackay probed the human tendency to run amok in pursuit of quick profits, dating back to a mania for tulip bulbs as expensive as houses in seventeenth-century Holland.