J. P. Morgan Quotes

Nothing important on Wall Street can be counted on to occur exactly in the same way as it happened before.

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.

Obviously, no one knows when the market is going to bottom out, and I am certainly not an economist.

… there is little rhyme or reason to the going up or coming down of the [Stock] Market

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

Nobody really knows what the market is going to do, but it sure looks like we are going to have a lot more volatility.

If there's one thing that's certain in business, it's uncertainty.

The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.

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

The only function of economic forecasting is to make astrology look respectable.

All market response results from a reduction of uncertainty.

Markets shouldn't be moving in a straight line.

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

In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.

Commerce however we may please ourselves with the contrary opinion, is one of the daughters of fortune, inconstant and deceitful as her mother. She chooses her residence where she is least expected, and shifts her abode when her continuance is, in appearance, most firmly settled.

At heart, "uncertainty" and "investing" are synonyms.

The stock market has always had its own meter. Sometimes it's ahead of itself, sometimes it's behind itself. A broken watch is right twice a day.

In Wall Street, the only thing that's hard to explain is next week.

Berlin is all about volatility. Its identity is based not on stability but on change.

I've learned that things change. The whole boy band thing almost turned into a stock market crash.

Proof that no investment is yours forever.

The instability of our tastes is the occasion of the irregularity of our lives.

The best kept secret in the investing world: Almost nothing turns out as expected.

If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!

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.