Wit and Wisdom on Money, Wall Street and Success - Part #2

Here are ten more WISDOM packed GEMS that ooffer very unqiue insights to the world of trading and investing.

These quotes promote a philosophy which is readily understandable and sometimes hysterical.

In my 25+ years of investing I have collected hundreds of quotes related to Wisdom, Wall Street and Success. I submit this small selection with the hopes that it will enlighten the forces required for your future financial success. Enjoy!

1) "If 40 million people say a foolish thing, it does not become a wise one."

- W. Somerset Maugham

2) "One thousand dollars left to earn interest at 8% a year will grow to $43 quadrillion in 400 years, but the first hundred years are the hardest."

Sidney Homer, A History of Interest Rates

3) "Everytime history repeats itself, the price goes up."

-Anonymous

4) "In all recorded history, there has not been one economist who has had to worry about where the the next meal would come from."

-Peter Drucker

5) "A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility.

-Michael Steinhardt

6) "Don't confuse brains with a bull market."

-Humphrey Neill

7) "Financial genius is a rising stock market."

-John Kenneth Galbraith

8) "The purpose of a market is to facilitate trade."

-J. Peter Steidlemayer

9) "Buy high, sell higher."

-William O'Neil

10) "Manage Your Risk or It Will Manage You!"

-Harald Anderson ? Analyst at eOptionsTrader.com

Harald Anderson is the founder and Chief Analyst of eOptionsTrader.com a leading online resource of Options Trading Information. He writes regularly for financial publications on Risk Management and Trading Strategies. His goal in life is to become the kind of person that his dog already thinks he is. http://www.eOptionsTrader.com.

In The News:


Google News
Updated : Wed, 08 Oct 2008 08:50:27 GMT

Nepal Plane Crashes, Killing Mostly German Tourists (Update1) - Bloomberg


Spiegel Online
Nepal Plane Crashes, Killing Mostly German Tourists (Update1)
Bloomberg - 27 minutes ago
By Jay Shankar Oct. 8 (Bloomberg) -- A passenger plane belonging to Yeti Airlines, a private carrier, crashed near Mount Everest in Nepal killing 18 people, including 12 German tourists, an aviation official said.
Everest plane crash kills 18 in Nepal, mostly German AFP
Official: Plane crash in Nepal kills 18 USA Today
The Associated Press - The Sun Daily - Spiegel Online - Swissinfo
all 284 news articles

Publ.Date : Wed, 08 Oct 2008 08:23:22 GMT

Obama connected with audience - Baltimore Sun


Boston Globe
Obama connected with audience
Baltimore Sun - 1 hour ago
By David Zurawik z on tv david.zurawik@baltsun.com The format of the second presidential debate was described as that of a town hall meeting, but it was pure TV from the "citizens" seated on risers on a brightly lit stage, to the candidates moving ...
Candidates arguments are as familiar as their mistakes The Miami Herald
Cool Hand Barack Wall Street Journal
The Weekly Standard - Los Angeles Times - Dallas Morning News - Boston Globe
all 464 news articles

Publ.Date : Wed, 08 Oct 2008 07:28:41 GMT

In Florida, Palin keeps up attacks on Obama - Dallas Morning News


BBC News
In Florida, Palin keeps up attacks on Obama
Dallas Morning News - 1 hour ago
JACKSONVILLE, Fla. - Sarah Palin portrayed Barack Obama as a dishonest politician and a risky choice for president Tuesday as she wrapped up a two-day campaign swing through Florida.
Sarah Palin, Freed? Washington Post
McCain, Obama and a 'friendly' town hall Los Angeles Times
Reuters - San Francisco Chronicle - Boston Globe - USA Today
all 4,475 news articles

Publ.Date : Wed, 08 Oct 2008 07:39:26 GMT

Harford County Council tries for leaner budget - Baltimore Sun


Pittsburgh Post Gazette
Harford County Council tries for leaner budget
Baltimore Sun - 1 hour ago
By Mary Gail Hare Harford County Executive David R. Craig met with the County Council last night and painted a bleak revenue outlook that will dominate the remainder of the fiscal year and continue well into the next.
Sims wants pay freeze to balance King County budget Seattle Times
Sims announces layoffs, wage freezes for county employees Seattle Post Intelligencer
Pittsburgh Post Gazette - KOMO News - Pittsburgh Tribune-Review - Bizjournals.com
all 10 news articles

Publ.Date : Wed, 08 Oct 2008 07:27:45 GMT

British government unveils massive financial rescue plan - Los Angeles Times


ITV.com
British government unveils massive financial rescue plan
Los Angeles Times - 48 minutes ago
LONDON - The British government Wednesday unveiled a massive rescue plan for its ailing banking system after days of unrelenting bad news for the financial industry here.
British government to partially nationalize banks International Herald Tribune
Rescue plan for UK banks unveiled BBC News
guardian.co.uk - Washington Post - BusinessWeek - AFP
all 1,454 news articles

Publ.Date : Wed, 08 Oct 2008 08:01:33 GMT

Absentee balloting began Tuesday - Las Cruces Sun-News


San Diego Union Tribune
Absentee balloting began Tuesday
Las Cruces Sun-News - 33 minutes ago
By SUE MAJOR HOLMES AP Writer ALBUQUERQUE, NM—It was only mid-morning on the first day of absentee voting, but 200 people had already shown up to cast their ballots at the clerk's office in Bernalillo County, New Mexico's most populous.
Muncie takes advantage of early voting Ball State Daily News
Voter numbers growing as deadline nears Corvallis Gazette Times
Gloucester County Times - NJ.com - Salisbury Post - Aspen Times - Daily Vidette
all 619 news articles

Publ.Date : Wed, 08 Oct 2008 08:16:38 GMT

Australian jet plunge probe opens - BBC News


TVNZ
Australian jet plunge probe opens
BBC News - 1 hour ago
A computer glitch may have caused a Qantas jet to plunge suddenly mid-flight, an Australian air safety investigator has said. The incident injured 40 passengers, in a terrifying airborne drama.
Qantas plane had glitch before altitude plunge International Herald Tribune
Computer glitch may have caused Qantas plunge: investigator AFP
Bloomberg - Reuters - Aljazeera.net - ABC Online
all 734 news articles

Publ.Date : Wed, 08 Oct 2008 07:39:47 GMT

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