Speculation Quotes

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

Look at those hedge funds - you think they can wait? They don't know how to wait! I have sat for years at a time with $10 to $12 million in treasuries or municipals, just waiting, waiting...As Jesse Livermore said, 'The big money is not in the buying and selling...but in the waiting.'

The big money is not in the buying and selling ... but in the waiting.

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

In January 2013, one could buy a Bitcoin for about $13. By late November, one Bitcoin would have set a buyer back over $1100.

Derivatives are financial weapons of mass destruction.

The great thing about the 'Fast and Furious' world is everything is up for speculation. Yes, anything is a possibility.

Soros has taught me that when you have tremendous conviction on a trade, you have to go for the jugular. It takes courage to be a pig. It takes courage to ride a profit with huge leverage.

We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.

There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.

The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.

In the 1930s, there was a stretch where you could borrow more against the real estate than you could sell it for. I think that's what's going on in today's private-equity world.

One of the most helpful things that anybody can learn is to give up trying to catch the last eighth - or the first. These two are the most expensive eighths in the world. They have cost stock traders, in the aggregate, enough millions of dollars to build a concrete highway across the continent.

I don't even look at gold as gold anymore. Gold is just another piece of paper.

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

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.

There is a lot of speculation about what women are attracted to, and there are a lot of misconceptions.

Science fiction writers foresee the inevitable.

When those trained in the respective disciplines of medicine, philosophy and theology are unable to arrive at any consensus, the judiciary, at this point in the development of man's knowledge, is not in a position to speculate as to the answer.

Science fiction literature's focus is on ideas, the concept of change, and the impact on humanity. Those concepts are hard to capture on film. They work better in the mind.

The end of knowledge is power ... the scope of all speculation is the performing of some action or thing to be done.

You know, what's interesting about Washington...It's the kind of place where second-guessing has become second-nature.

There is only one thing about which I am certain, and that is that there is very little about which one can be certain.

To some degree, as I move outside of the exclusive genre audience, the exclusive genre issues don't bother me as much. Maybe that's just speculation.

RUMOR, n. A favorite weapon of the assassins of character.