QOTD

    

"One cannot but pity the man with sallow face and sluggish gait who when everybody else is feeling the happy impulse
of a common prosperity persists in believing that the country is going to the dogs, and steadily sells stocks while everybody else is buying them. He is simply ruining himself" (Clews, 1908, p. 19)

Reference: Clews, Henry, and Victor Niederhoffer. Fifty Years in Wall Street. J. Wiley & Sons, 2006.

QOTD

"Anyone who believes that exponential growth can go on forever is either a madman or an economist" - Kenneth Ewart Boulding (Economist, activist, poet, scientist, philosopher, co-founder General Systems Theory, 1910-1993).

Week 7, Book 7: Triumph of the Optimists

Week 3, Book 3 - Business Adventures: Twelve Classic Tales from the World of Wall Street by John Brooks