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.
- Jesse Livermore - Topics: Wall Street, Stock Market.
Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.
- Peter Lynch - Topics: Wall Street, Stock Market, Investing.
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
- Warren Buffett - Topics: Wall Street, Investing.
Once you think that something is improbable and everybody thinks it, people modify their behavior in a way that makes it more probable. Everyone thought it was so improbable that so many people would default on real estate, it actually created a greater probability that it would happen because more capital flowed into that sector.
- Lloyd Blankfein - Topics: Banking System, Stock Market, Wall Street.
I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms.
- Paul Tudor Jones - Topics: Stock Market, Trader, Wall Street.
Markets are irrational in the short term but not over the long term. They sometimes offer fire sale prices on the greatest companies in the world.
- Fred Wilson - Topics: Investing, Opportunity, Stock Market, Wall Street.
The pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.
