My lessons may have been costly ,but they brought with them a kind of undertstanding more precious than gold.
😆 Playing the market is much different from being an investor.
😆 Pride is another word for stupidity if you claim credit for profits temporarily created by a bull market run wild.
😆 Paper profits are the illision of wealth created by the myopia of greed.
😆 Margin is a secuctive temptress more enticing than Delilah-and far more dangerous.
😆 Money doesn’t make people better ;it just allows them to become kinder and more charitable.
😆 Losing money doesn’t mean you’re a fool ,just as making a fortune doesn’t prove you’re a genius.
😆 Maturity means knowing how to cope with failure-and with sucess.
😆 The market respects those who treat is seriously and research it thoroughly ;it mocks those who think its rewards are freely granted to the followers of friendly tips and exicted phone calls from “helpful” strangers.
😆 Just as in every other game of chance ,all of your winning should never be left on the table.
😆 The law of gravity was not repealed for the sake of Dalal street ;even there the rule still holds that “whatever goes up must come down .”
😆 Forgiveness is a virtue even to myself ;I can forgive the fact that I failed-because I know that Iam not a failure.
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