Baruch quotes

Baruch is one of the several trader legends you should study, the others being Livermore, O’Neil, Loeb and Darvas.  Here is a summary of his principles:
Baruch started out as most traders do – i.e. losing lots of money because he lacked the knowledge, experience and discipline. “You have to lose money in order to better [...]

Read Full Post »

Quotes… new category

Here is a new section where I am going to store any decent speculation related quotes I find:
“There are known knowns, known unknowns and unknown unknowns” Donald Rumsfeld – in this game I am seeking to understand and determine the probabilities relating to the first two and maintain an appreciation of the potential impact of [...]

Read Full Post »