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— Norman Ralph Augustine"If stock market experts were so expert, they would be buying stock, not selling advice."
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100 years ago, buying something you could make was considered wasteful; now making something you could buy is considered wasteful. I am not convinced this is a step in the right direction.
— Stephanie Pearl-McPhee
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I presumably lost $150,000 in the depression of 1937—on my one stock investment—because I did everything Lehman Brothers told me. I said, well, this is a fool’s procedure . . . buying stock in other people’s businesses.
— Studs Terkel
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