VI KÖR LITE SPECULATION AS A FINE ART AND THOUGHTS ON LIFE AV DICKSON G. WATTS (1897)
Orkar ni inte läsa det nu så spara det till helgen eller före ni somnar så somnar ni säkert.
The rule is to stop losses and let profits run. Not to have the courage to accept a loss, and to be too eager to take a profit, is fatal. It is the ruin of many.
Public opinion is not to be ignored. Every speculator knows the danger of to much “company.”
When in doubt, do nothing.
Act so as to keep the mind clear, it´s judgement trustworthy.
To the artist alone are the rules of his art valuable.
Tiresome people are interesting – to themselves.
Every man is distinct from others if he would be natural.
Better the vagaries of eccentricity than commonplace dullness.
To separate the essential from the non-essential is the mark of a superior mind.
Recognize a fault, but don´t dwell on it.
All movements are in waves, - in politics, in business.
The voice may speak falce, but the eye always tells.
Joking is the offspring of good nature.
A wise man laughs at his own follies.
Keep your voice down and you will keep your temper down.
Argument is an effort of each man to force his idea on the other; discussion is an effort to gain knowledge.
Do you want a secret kept? Don´t tell it.
Make your theories fit your facts, not your facts your theories.
Stubborn men don´t live long – financially.
The foolishness of the many is the opportunity of the few.
It is always the “unlucky man” who believes in luck.
Take care of the losses; the profits will take care of themselves.
Eternal vigilance is the price of success.
Har ni orkat hit, har ni inte somnat. Well done!
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