Investing solely for 'income,' investing merely 'to keep capital employed,' and investing simply 'to hedge against inflation' are all entirely out of the question.
I once read about a meeting of economists who agreed that if their forecasts were 33 1/3 % correct, that was considered a high mark in their professi… - Gerald M. Loeb
I once read about a meeting of economists who agreed that if their forecasts were 33 1/3 % correct, that was considered a high mark in their professi…
- Gerald M. Loeb
The desire for gold is the most universal and deeply rooted commercial instinct of the human race. - Gerald M. Loeb
The desire for gold is the most universal and deeply rooted commercial instinct of the human race.
Market values are fixed only in part by balance sheets and income statements; much more by the hopes and fears of humanity; by greed, ambition, acts … - Gerald M. Loeb
Market values are fixed only in part by balance sheets and income statements; much more by the hopes and fears of humanity; by greed, ambition, acts …
Successful investment is a battle for financial survival. - Gerald M. Loeb
Successful investment is a battle for financial survival.
It is wise to remember that too much success in the stock market is in itself an excellent warning. - Gerald M. Loeb
It is wise to remember that too much success in the stock market is in itself an excellent warning.
Don't be overly concerned about your heirs. Usually, unearned funds do them more harm than good. - Gerald M. Loeb
Don't be overly concerned about your heirs. Usually, unearned funds do them more harm than good.
Knowledge born from actual experience is the answer to why one profits; lack of it is the reason one loses - Gerald M. Loeb
Knowledge born from actual experience is the answer to why one profits; lack of it is the reason one loses
Stocks are bought on expectations, not facts. - Gerald M. Loeb
Stocks are bought on expectations, not facts.
The greatest safety lies in putting all your eggs in one basket and watching the basket. - Gerald M. Loeb
The greatest safety lies in putting all your eggs in one basket and watching the basket.
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