We Can't Cross That Bridge Until We

Nothing Did More To Spur The Boom In Stocks Than The Decision Made By The New York Federal Reserve Bank, In The Spring Of 1927, To Cut The Rediscount Rate. Benjamin Strong, Governor Of The Bank, Was Chief Advocate Of This Unwise Measure, Which Was Taken Largely At The Behest Of Montagu Norman Of The Bank Of England....at The Time Of The Banks Action I Warned Of Its Consequences....i Felt That Sooner Or Later The Market Had To Break.

Age Is Only A Number, A Cipher For The Records. A Man Can't Retire His Experience. He Must Use It. Experience Achieves More With Less Energy And Time.

Don't Try To Be A Jack Of All Investments. Stick To The Field You Know Best.

Even When We Know What Is Right, Too Often We Fail To Act. More Often We Grab Greedily For The Day, Letting Tomorrow Bring What It Will, Putting Off The Unpleasant And Unpopular.

Bears Don't Live On Park Avenue.