Become More Humble As The Market Goes

If You Have Made A Mistake Cut Your Losses As Quickly As Possible.

Nothing Did More To Spur The Boom In Stocks Than The Decision Made By The New York Federal Reserve Bank, In The Spring Of 1927, To Cut The Rediscount Rate. Benjamin Strong, Governor Of The Bank, Was Chief Advocate Of This Unwise Measure, Which Was Taken Largely At The Behest Of Montagu Norman Of The Bank Of England....at The Time Of The Banks Action I Warned Of Its Consequences....i Felt That Sooner Or Later The Market Had To Break.

Most Of The Successful People I Know Mostly Listen, Not Talk.

Agriculture Is The Greatest And Fundamentally The Most Important Of Our Industries. The Cities Are But The Branches Of The Tree Of National Life, The Roots Of Which Go Deeply Into The Land. We All Flourish Or Decline With The Farmer.

When Beggars And Shoeshine Boys, Barbers And Beauticians Can Tell You How To Get Rich It Is Time To Remind Yourself That There Is No More Dangerous Illusion Than The Belief That One Can Get Something For Nothing.