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Behavior Quotes

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Behavior Quotes

“While no one wishes to incur losses, you couldn't prove it from an examination of the behavior of most investors and speculators. The speculative urge that lies within most of us is strong; the prospect of a free lunch can be compelling, especially when others have already seemingly partaken. It can be hard to concentrate on potential losses while others are greedily reaching for gains and your broker is on the phone offering shares in the latest "hot" initial public offering. Yet the avoidance of loss is the surest way to ensure a profitable outcome.”

“Mom said that people are interested in birds only in as much as they exhibit human behavior - greed and stupidity and anger - and by doing so they free us from the unique sorrow of being human...I told Mom my own theory of why we like birds - of how birds are a miracle because they prove to us there is a finer, simpler state of being which we may strive to attain.”