Ny Stock Market Quotes

#1. Bear Market Begin Bear Market End Max DD Sept 1929 June 1932 -86.25 July 1933 March 1935 -33.9% March 1937 March 1938 -54.5% Nov 1938 April 1942 -45.8% May 1946 June 1949 -29.6% July 1957 Oct 1957 -20.6% Dec 1961 June 1962 -28% Feb 1966 Oct 1966 -22.2% Oct 1968 May 1970 -34% Jan 1973 Oct 1974 -48.2% Sept 1976 March 1978 -19.4% Nov 1980 Aug 1982 -27.1% Aug 1987 Dec 1987 -40.4% July 1990 Oct 1990 -21.2% Mar 2000 Oct 2002 -49.1% June 2008 Mar 2009 -54% Average Bear Market: -37.3% Buy and Hold since 1942 Compounded Annual Rate of Return: 8.03% Maximum Draw down: 54% Prior to this decade's two severe bear markets, most investors believed that only that the stock market can go up. #Quote by Andrew Abraham

#2. The idea that a bell rings to signal when investors should get into or out of the stock market is simply not credible. After nearly fifty years in this business, I do not know of anybody who has done it successfully and consistently. I don't even know anybody who knows anybody who has done it successfully and consistently. Yet market timing appears to be increasingly embraced by mutual fund investors and the professional managers of fund portfolios alike. #Quote by John C. Bogle

#3. I hope you know that television and computers are no more your friends, and no more increasers of your brainpower, than slot machines. All they want is for you to sit still and buy all kinds of junk, and play the stock market as though it were a game of blackjack. #Quote by Kurt Vonnegut

#4. I was lucky enough to see with my own eyes the recent stock-market crash, where they lost several million dollars, a rabble of dead money that went sliding off into the sea. #Quote by Federico Garcia Lorca

#5. It's a racket. Those stock market guys are crooked. #Quote by Al Capone

#6. The firm is really ahead of the times. It has a stock market ticker that prints its report on thin aspirins. #Quote by Bob Hope

#7. The real difficulty is that people have no idea of what education truly is. We assess the value of education in the same manner as we assess the value of land or of shares in the stock-exchange market. We want to provide only such education as would enable the student to earn more. We hardly give any thought to the improvement of the character of the educated. The girls, we say, do not have to earn; so why should they be educated? As long as such ideas persist there is no hope of our ever knowing the true value of education. #Quote by Mahatma Gandhi

#8. The truth is that the market doesn't really reflect some magical perfect valuation of a stock under the efficient market hypothesis. It reflects the mass consensus of how actual individual investors value the stock. It is the sum total of everyone's hopes and fears about what a company is capable of doing. #Quote by M.E. Thomas

#9. Events, circumstances, and experiences arise and pass away. Winning trades, losing trades, fear, greed, sadness, happiness, and eventually your own life. Everything is in a constant flux. Learn to go through it with stability of mind. A meditation practice helps a lot. #Quote by Yvan Byeajee

#10. We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment. #Quote by Nassim Nicholas Taleb

#11. Be greedy when others are fearful and fearful when others are greedy.' Easier said than done for the vast majority of stock traders ... On every stock trade there is someone who wants to sell and someone who wants to buy, at least at a particular price ... the person who is selling thinks that she is getting out just in time while the person buying thinks that he is about to make good money.
... The truth is that the market doesn't really reflect some magical perfect valuation of a stock under the efficient market hypothesis. It reflects the mass consensus of how actual individual investors value the stock. It is the sum total of everyone's hopes and fears ... #Quote by M.E. Thomas

#12. We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children. #Quote by Warren Buffett

#13. It can be shown that maximum diversification is achieved by holding each stock in proportion to its value to the entire market (italics added) ... Hindsight plays tricks on our minds ... often distorts the past and encourages us to play hunches and outguess other investors, who in turn are playing the same game. For most of us, trying to beat the market leads to disastrous results ... our actions lead to much lower returns than can be achieved by just staying in the market. #Quote by Jeremy Siegel

#14. Trading mastery is a state of complete acceptance of probability, not a state of fight it. #Quote by Yvan Byeajee

#15. But you just watch, little girl. I'm goin' to show 'em. In five years they'll come crawlin' to me on their bellies. I don't know what it is, but I got a kind of feel for the big money. #Quote by John Dos Passos

#16. The data strongly suggest that very good years in the U.S. stock market are followed by more good years. #Quote by Barry Ritholtz

#17. If you have information that a company is not as good as its stock market valuation, you don't have a way to sell that stock unless you already own it. And so that information doesn't get incorporated in the company's stock price as fast if you don't allow short selling. #Quote by Robert F. Engle

#18. Men and women are sacrificed to the idols of profit and consumption: it is the 'culture of waste.' If a computer breaks it is a tragedy, but poverty, the needs and dramas of so many people end up being considered normal ... When the stock market drops 10 points in some cities, it constitutes a tragedy. Someone who dies is not news, but lowering income by 10 points is a tragedy! In this way people are thrown aside as if they were trash. #Quote by Pope Francis

#19. Stock market risk is ok, but not for Social Security. #Quote by Barack Obama

#20. My ethical values prevent me from investing in the stock market. #Quote by Steven Magee

#21. Here is an all-too-brief summary of Buffett's approach: He looks for what he calls "franchise" companies with strong consumer brands, easily understandable businesses, robust financial health, and near-monopolies in their markets, like H & R Block, Gillette, and the Washington Post Co. Buffett likes to snap up a stock when a scandal, big loss, or other bad news passes over it like a storm cloud - as when he bought Coca-Cola soon after its disastrous rollout of "New Coke" and the market crash of 1987. He also wants to see managers who set and meet realistic goals; build their businesses from within rather than through acquisition; allocate capital wisely; and do not pay themselves hundred-million-dollar jackpots of stock options. Buffett insists on steady and sustainable growth in earnings, so the company will be worth more in the future than it is today. #Quote by Benjamin Graham

#22. The economy has definitely been improving, and things like the stock market are doing better, but the economy has to be good for working-class and middle-class families who work every day, send their kids to a school like is in front of my house, and they have to be able to enjoy their lives. That's why you don't pass a trade agreement that ships even more jobs overseas. #Quote by Russ Feingold

#23. Fear, inherently, is not meant to limit you. Fear is the brain's way of saying that there is something important for you to overcome. #Quote by Yvan Byeajee

#24. A big Wall Street bank's biggest advantage was its access to vast amounts of cheap risk capital and, with that, its ability to survive the ups and downs of a risky business. That meant little when the business wasn't risky and didn't require much capital. High-frequency traders went home every night with no position in the stock market. They traded in the market the way card counters in a casino played blackjack: They played only #Quote by Michael Lewis

#25. Be aware of the level of the stock market. Are yields low and PE ratios high? #Quote by Walter Schloss

#26. Money matters, but not as much as you probably think. #Quote by Yvan Byeajee

#27. There is the fact that - people have had a lot of confidence that the Chinese leadership could fix what is wrong with their economy so it wouldn't have ripple effects around the world. I think that confidence is being shaken by how difficult it is for them to manage their stock market and their currency. #Quote by David Wessel

#28. Life is like the stock market. Some days you're up. Some days you're down. And some days you feel like something the bull left behind. #Quote by Paula Wall

#29. The gist of Laszlo's pitch for the equity department was this question: When you turn on your television at six-thirty and Dan Rather tells you that today the market went up twenty-four points, what market do you think he means? "What!" Laszlo would say. "You think he's talking about Grade A industrial bonds? Ha! He's talking about the stock market." In other words, if you joined the equity department, your mother would know what you did for a living. #Quote by Michael Lewis

#30. To see how transfer of antifragility works, consider two scenarios, in which the market does the same thing on average but following different paths. Path 1: market goes up 50 percent, then goes back down to erase all gains. Path 2: market does not move at all. Visibly Path 1, the more volatile, is more profitable to the managers, who can cash in their stock options. So the more jagged the route, the better it is for them. And of course society - here the retirees - has the exact opposite payoff since they finance bankers and chief executives. Retirees get less upside than downside. Society pays for the losses of the bankers, but gets no bonuses from them. If you don't see this transfer of antifragility as theft, you certainly have a problem. #Quote by Nassim Nicholas Taleb

#31. They had a much more fundamental problem with the market: greed. Market motives were held to be inherently corrupt. The moment that greed was validated and unlimited profit was considered a perfectly viable end in itself, this political, magical element became a genuine problem, because it meant that even those actors - the brokers, stock-jobbers, traders - who effectively made the system run had no convincing loyalty to anything, even to the system itself. #Quote by David Graeber

#32. If the stock market exists, so must previous lives. #Quote by Margaret Atwood

#33. I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments. #Quote by Ron Chernow

#34. It is possible that the next economic downturn--or stock market crash--will bring on further developments. During the recession at the end of the 1980s, ex-Ku Klux Klan leader David Duke gathered strong support from disgruntled citizens in Louisiana for his gubernatorial and US Senate races. Voters did not seem to be bothered by his record, which included plenty of statements like: "The Jews have been working against our national interest. . . . I think they should be punished."

Bertram Gross and Kevin Phillips had each foreseen part of a process that engendered remarkable tolerance for authoritarian political solutions. Gross correctly identified the kind of authority that the corporate world wanted to exercise over working- and middle-class Americans. Phillips was perceptive about the way ordinary Americans would participate in actually constructing a more harsh and restrictive social milieu. By the 1990s the two strands were coalescing into something we could call "Authoritarian Democracy." Today it is clear that the goals of the corporate rich can be furthered by the enthusiasms of the popular classes, especially in the realms of religion. #Quote by Steve Brouwer

#35. After the stock market crash, some New York editors suggested that hearings be held: what had really caused the Depression? They were held in Washington. In retrospect, they make the finest comic reading. The leading industrialists and bankers testified. They hadn't the foggiest notion what had gone bad. You read a transcript of that record today with amazement: that they could be so unaware. This was their business, yet they didn't understand the operation of the economy. The only good witnesses were the college professors, who enjoyed a bad reputation in those years. No professor was supposed to know anything practical about the economy. #Quote by Studs Terkel

#36. Mathematics is ordinarily considered as producing precise and dependable results; but in the stock market the more elaborate and abstruse the mathematics the more uncertain and speculative are the conclusions we draw there from. Whenever calculus is brought in, or higher algebra, you could take it as a warning that the operator was trying to substitute theory for experience, and usually also to give to speculation the deceptive guise of investment. #Quote by Benjamin Graham

#37. And at a relatively early age, ten or so, I invested my first share of stock. And I used to follow, look at companies and so forth. But throughout the whole period, and indeed right through my college years, while I was involved in the stock market, always interested in finance, I never thought of it as a full-time job. #Quote by Robert C. Merton

#38. The United States have developed a new weapon that destroys people but it leaves buildings standing. It's called the stock market. #Quote by Jay Leno

#39. I think the tech stock, the public market is still completely traumatized by the dotcom crash. I think the investors and reporters and analysts and everybody is determined to not get taken advantage of again, and that is what everybody who lived through 2000, what they kind of remember. #Quote by Marc Andreessen

#40. In history, the evidence is overwhelming: Stock market bottoms happen, and then stocks jolt upwards while the economy keeps getting worse - sometimes by a lot and for a long time. #Quote by Kenneth Fisher

#41. Anybody who plays the stock market not as an insider is like a man buying cows in the moonlight. #Quote by Daniel Drew

#42. Part of my advantage is that my strength is economic forecasting, but that only works in free markets, when markets are smarter than people. That's how I started. I watched the stock market, how equities reacted to change in levels of economic activity, and I could understand how price signals worked and how to forecast them. #Quote by Stanley Druckenmiller

#43. The players are too serious. They don't have any fun any more. They come to camp with a financial adviser and they read the stock market page before the sports pages. They concern themselves with statistics rather than simply playing the game and enjoying it for what it is. #Quote by Rocky Bridges