The Language of Wall Street

  • The rich man does not know who is his friend.
  • A man gets no thanks for what he loses that play.
  • They who live in a worry invite death in a hurry.
  • Soft words and hard arguments catch the investor.
  • Put your eggs in one basket and watch the basket.
  • Every time the sheep bleats it loses a mouthful.
  • The rich are meanest when they buy small things.
  • The rich man is apt to be more generous than just.
  • He swears who is accustomed to his own false words.
  • Money easily made, easily goes; easy come, easy go.
  • If you do not hear reason, she will wrap your knuckles.
  • He who prates of his wisdom doth but conceal an ass.
  • Provide for the worst; the best will take care of itself.
  • It is an old maxim that accidents usually help the Bears.
  • Lend money without bond and you but make an enemy.
  • The advice of successful men only is worth application.
  • A man with long hair is generally rash and impetuous.
  • A man must make his opportunity as often as he finds it.
  • Things in motion sooner catch the eye than what not stirs.
  • He who sells what isn’t his, must buy it back or go to prison.
  • Sell and borrow only those stocks which have a wide market.
  • Some had rather guess that much then take pains to learn a little.
  • Men of wit and facts never need be driven to indirect courses.
  • To estimate a man’s wealth, divide the gossip estimates by four.
  • To grasp an opportunity with a firm decision marks an able man.
  • After advancing markets, and prices waiver, lower prices will come.
  • When prices are high, or there is a declining tendency, sell on rallies.
  • Much money made before 20 is apt to be lost in the reign of plenty.
  • He is rich enough to as no debts, and young enough who has health.
  • “Early information” and a big bank account will be the ruin of any man.
  • Moderate riches will carry you; if you have more, you must carry them.
  • The success of a manipulated market depends largely on sustained activity.
  • It is idle to wait for your ship to come in unless you have sent one out.
  • When prices close week without support, a rally would be in order next morning.
  • He who takes no care of little things will not have the care of great ones.
  • When prices are low, or there is an advancing tendency, buy fair concessions.
  • A lordly taste makes a beggar’s purse; a champagne appetite but a purse for beer.

Source: Nelson, Samuel A. The ABC of Stock Speculation. S.A. Nelson. 1902

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