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Quote by Gerald M. Loeb

Work

Battle for Investment Survival

This book delves into the strategies and tactics needed to survive and thrive in the volatile world of investments. It covers a range of topics including market analysis, portfolio management, and risk assessment, providing readers with the knowledge to make sound financial choices. more

Author

Gerald M. Loeb

Gerald M. Loeb was an American author known for his works in the field of investment and finance. His writings have had a profound impact on investors and financial professionals. more

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“I once read about a meeting of economists who agreed that if their forecasts were 33 1/3 % correct, that was considered a high mark in their profession. Well, of course, I know you cannot invest in securities successfully with odds like that against you if you place dependence solely upon judgement as to the right securities to own and the right time or price to buy them. Then, too, I read somewhere about the man who described an economist as resembling ‘a professor of anatomy who was still a virgin.’”