Albert Szent-Gyorgyi Quotes

If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.

You could lose hundreds or thousands one day on paper and gain it all back the next, and it has literally no effect on your immediate future, provided the money you have in the market is money you're investing for the long haul (meaning at least three to five years).

One of my first investments was $100,000 in a Web-based calendar startup - and I lost every dollar.

I had some airline stock, but the airlines tanked. I didn't have a lot of money in them, though.

Every few seconds it changes - up an eighth, down an eighth - it's like playing a slot machine. I lose $20 million, I gain $20 million.

The real key to making money in stocks is not to get scared out of them.

I could never gamble on stocks and shares because I saw my father get hurt that way - he lost quite a lot of money when the stock market collapsed in 2001.

If there's a recession, I'd buy stocks. That's when you make money: when markets are spooked.

The last thing you want to do, unless it's a very unusual situation, is to invest money.

I do not use short selling. The fund has not shorted a stock since the 2002 to 2003 time frame. At that time I did short three stocks, on which I broke even on two and made money on one of them. The experience taught me that I was not going to be using short selling going forward for a slew of reasons.

Never give anyone the advice to buy or sell shares, because the most benevolent price of advice can turn out badly.

My advice to most people is don't short stocks. It's a very, very difficult business. And you can really get clobbered.

More money is lost anticipating the changes in the overall stock market than any other way of investing.

I've lost tremendous amounts of money in various markets and I think that that's something that makes you better at my job, not worse.

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.

As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.

Conscientious objection is an intrinsic part of being a soldier.

Too often, the public can fall into the trap of investing when stock prices are rising, not dropping.

The problem is some of our riskier films just don't make as much money. But if you only make films that will just be commercially successful, then you can also sink yourself as a studio.

The Stock Market is designed to transfer money from the Active to the Patient.

One should never risk one's whole fortune unless supported by one's entire forces.

No man can always have adequate reasons for buying or selling stocks daily - or sufficient knowledge to make his play an intelligent play.

Picking the right stocks is one of the hardest parts of investing, and every night on Mad Money, I try to take some of that burden off your shoulders.

Why is the man who invests all your money called a broker?

I got an E-Trade account. Turns out I can turn $1,000 into $420 in less than a week. Sure, I had to pay some fees.