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    The Wit & Wisdom of Wall Street
    The Wit & Wisdom of Wall Street
    The Wit & Wisdom of Wall Street
    Ebook195 pages1 hour

    The Wit & Wisdom of Wall Street

    By Bob Thomas

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    About this ebook

    THE WIT & WISDOM OF WALL STREET is the stock market investor's ultimate collection of savvy investment tips, clever quotes, and humorous New Yorker cartoons. This little book is a wonderful client-appreciation gift for Stock Brokers and Certified Financial Planners to give to their clients on special occasions such as birthdays and Christmas: a gift that will be enjoyed and kept forever.
    LanguageEnglish
    PublisherBascom-Hall Publishing
    Release dateMar 4, 2015
    ISBN9780964920156
    The Wit & Wisdom of Wall Street

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      Book preview

      The Wit & Wisdom of Wall Street - Bob Thomas

      978-0-9649201-4-9

      Introduction

      Wall Street is much more than, as one cynic put it, a thoroughfare that begins in a graveyard and ends in a river. Rather, Wall Street is the heart of corporate finance in the U.S. and symbolic of investing in the stock market. For many investors, it has proven to be a street paved with gold—while others have truly experienced a ‘nightmare on Wall Street.’

      Scores of books and magazine articles have been written over the years detailing how to get rich quick by playing the stock market using a variety of strategies and gimmicks. The truth is, there are no shortcuts and you will not outsmart the market—for very long. But it is very possible to create wealth by investing in the stocks of some of the great companies in America.

      Warren Buffett, one of the richest men in the world, accumulated his tremendous wealth by being a savvy and patient investor in the stock market. In fact, he once described his investment philosophy as lethargy bordering on sloth.

      The Wit & Wisdom of Wall Street includes quotes from leading investment gurus such as Benjamin Graham, Warren Buffett, Peter Lynch, John Templeton, Jason Zueig, and many others, along with axioms, one-liners, and clever cartoons from the esteemed New Yorker magazine; all about investing on Wall Street. Hopefully, you will be entertained and amused by the wit—but more importantly, you should become wealthier and wiser from the wisdom.

      The stock market is like a beauty contest; you shouldn’t necessarily pick the prettiest girl—pick the one everyone else thinks is the prettiest.

      – John Maynard Keynes

      Be greedy when others are fearful—and fearful when others are greedy.

      – Warren Buffett

      Every time someone buys, someone sells—and both think they’re brilliant.

      By ignoring the losers and taking profits in the winners—you eventually end up with a portfolio of losers.

      The stock market depends about as much on stock market analysts as the weather does on weather forecasters.

      Fundamental analysis will tell

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