Steve Wynn Quotes

As I have said before, the daily machinations of the stock market are like a tale told by an idiot, full of sound and fury, signifying nothing.

I don’t know why the Stock Market does what it does.

I can never predict what the markets will do. Sometimes it does the exact opposite of what I would have expected.

Television series are like the stock market. There's room for bears and bulls but no room for pigs.

Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts of booms or panics, the one thing that strikes you most forcibly is how little either stock speculation or stock speculators today differ from yesterday. The game does not change and neither does human nature.

If you don't follow the stock market, you are missing some amazing drama.

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

We live in an age of great jitteriness in the financial markets. And there's no doubt at all, I think, that the volume of computer-traded stocks has helped contribute to that.

Actually, one of the better indicators historically of how well the stock market will do is just a Gallup poll, when you ask Americans if you think it's a good time to invest in stocks, except it goes the opposite direction of what you would expect. When the markets going up, it in fact makes it more prone toward decline.

A second reason why science cannot replace judgement is the behavior of financial markets.

The techniques I developed for studying turbulence, like weather, also apply to the stock market.

Predicting the market is always tough.

When the weather changes, nobody believes the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed.

Anybody who plays the stock market not as an insider is like a man buying cows in the moonlight.

The main purpose of the stock market is to make fools of as many men as possible.

Everybody thinks that they're going to time the market, they're going to sharpshoot the market, and buy right at the bottom. The truth of the matter is that nobody is good at it.

Markets are self-regulating only because some brave investors are prepared to bet against the market trend.

Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street.

Anyone who says he is an expert in the market is lying to you. There is no such thing.

Nothing ever surprises me about the market.

Listen to market strategists, and a word that comes up a lot these days is 'volatility.'

In fact, of all hoodoos in Wall Street I think the resolve to induce the stock market to act as a fairy godmother is the busiest and most persistent.

A bull market is like sex. It feels best just before it ends.

The correct attitude of the security analyst toward the stock market might well be that of a man toward his wife. He shouldn't pay too much attention to what the lady says, but he can't afford to ignore it entirely. That is pretty much the position that most of us find ourselves vis-à-vis the stock market.

I think the works of W.D. Gann and Robert Prechter have inspired me more than anyone else. It was from their writings that I discovered cycles, patterns, and psychology dominate the market, and that the news breaks with the cycles, not the other way around.