Paul R. Ehrlich Quotes

I have invested in the stock market since I was very young.

Before prognostication, a disclaimer: I have never been able to pick a winner. Not that it has ever stopped me from trying to. Well, it has stopped me from buying stock, but let's not talk about that.

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

Alternatives to gold and currency and to make a big speculative vehicle - I never considered for one second having anything to do with it. I detested it the minute it had been raised.

Without speculation there can be no economic activity reaching beyond the immediate present.

I deal in facts, not forecasting the future. That's crystal ball stuff. That doesn't work.

I've never been able to predict the future of anything.

Of course, economic forecasts must be revised when new information arrives and are thus necessarily provisional.

You mustn't take what I say as gospel because no one can second-guess the future.

Prophesy is a good line of business, but it is full of risks.

Prophecy is what we all have to go by now.

I try not to get involved in the business of prediction. It's a quick way to look like an idiot.

He who lives by the crystal ball will eat shattered glass.

I've ceased making predictions on things because we'll see how they turn out.

It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office.

Anyone who thinks there's safety in numbers hasn't looked at the stock market pages.

The difference between playing the stock market and the horses is that one of the horses must win.

You can predict all you want, but everybody knows what predictions get you.

I used to go to Vegas and play the horses, and then I realised how ridiculous that was. There is no winning in gambling, but there is on the stock market.

Markets love volatility.

I've always been pleased with the investments I've made with my friend Albert Frere and I regret not having followed him more, because I would have been a lot richer.

I'm not making any bets on the future.

I can't predict the future.

I can calculate the movement of the stars, but not the madness of men.

It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.