"A DOUBTFUL egg is nearly always a bad egg."
"Sometimes it is scientific to go with
the crowd; at other times it is scientific to go against
the crowd. The main thing is to be right."
"Reading all the financial news and evaluating it will avail you nothing. The market may rise on bad news and go down on good news. Then where are you?"
"The Tape is the best guide... The Law of Supply and Demand never fails and it is the only safe guide under these extraordinary conditions. No one can judge the probable trend of the market from the study of fundamental statistics, economic changes or political development, with any continued success."