Today's Nuggets

The average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think.
Jesse Livermore

I have probably purchased fifty ‘hot tips’ in my career, maybe even more. When I put them all together, I know I am a net loser. 

Charles Schwab

In this game, the market has to keep pitching, but you don’t have to swing. You can stand there with the bat on your shoulder until you get a fat pitch.

Warren Buffet

It’s only when the tide goes out that you know who’s been swimming naked.

Warren Buffet

The market, like the Lord, helps those who help themselves. But unlike the Lord, the market does not forgive those who know not what they do.

Warren Buffet