Henry Ford Quotes

We had a field day before anyone knew anything about shorting. It was almost a license to steal. Nowadays, it's a license to get hosed.

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

I used to trade stocks online, and I kind of felt gross, like, all I'm doing is making money off other people's creativity, and I'm not creating anything myself.

Wall Street is populated by a bunch of people whose primary goal is to make money, and the rules are pretty much caveat emptor.

You can't make money with a consensus accurate prediction.

People who invest make money for themselves; people who speculate make money for their brokers. And that, in turn, is why Wall Street perennially downplays the durable virtues of investing and hypes the gaudy appeal of speculation.

One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.

'Prop trading' is just a fancy term for banks gambling in the market for their own profit.

Bulls don't read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-20, the railway speculation of the 1840s, the great crash of 1929.

What I'm saying is that there are bargains right now, there are stocks right now that if you're shrewd enough, you will be able to buy them at the opening today and I you'll make money in a year from now.

In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there.

I invested in many companies, and I'm happy this one worked. This is capitalism. You invest in stock, it goes up, it goes down. You know, if you don't like capitalism, you don't like making money with stock, move to Cuba or China.

Financial institutions like to call what they do trading. Let's be honest. It's not trading; it's betting.

You know what term you don't hear anymore? Arbitrage. The markets have gotten too efficient.

I caught hold of the great bull market in soybeans in 1977. I had no idea what I was doing, incidentally.

If all you needed to do is to figure out what company is better than others, everyone would make a lot of money. But that is not the case. They keep raising the prices to the point when the odds change.

Normally I would not recommend a book that tells you how to make money in the stock market. Most of these books are aimed at gullible folk, and they usually make much more money for their authors than they do for the investing public.

The gambling known as business looks with austere disfavor upon the business known as gambling.

You can no longer buy commodities at Merrill Lynch. My guess is many analysts and even executives are too young to know how profitable a hot commodities market can be. They will soon.

Speculators get a bad rap. In the popular imagination they're greedy, heedless, and amoral, adept at price manipulations and dirty tricks. In reality, they often play a key role in making markets run smoothly.

Profits on the exchange are the treasures of goblins.

I don't think anybody ever makes any money buying and selling stock. They have to make money by keeping the stock.

Trading is very competitive and you have to be able to handle getting your butt kicked.

Some hedge fund managers have made big bucks trading oil futures - George Soros is one.

Speculation, in its broadest sense, is not an evil in itself, but the contrary, and relieves public distress far oftener than it creates it.