“Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts of booms or panics, the one thing that strikes you most forcibly is how little either stock speculation or stock speculators today differ from yesterday. The game does not change and neither does human nature.” HumansLittlesDoeTodayGamesOne ThingStreetsHuman NatureWallAccountsStrikesYesterdayContemporaryPanicRepetitionSpeculationIndulgeIndulge InSpeculators Book:Reminiscences of a Stock Operator Source: Reminiscences of a Stock Operator
“If you defend a behavior by arguing that people are programmed directly for it, then how do you continue to defend it if your speculation is wrong, for the behavior then becomes unnatural and worthy of condemnation. Better to stick resolutely to a philosophical position on human liberty: what free adults do with each other in their own private lives is their business alone. It need not be vindicated and must not be condemned by genetic speculation.” PeopleIfsNeedsHumansLife IsLibertyPositionBehaviorAdultsPhilosophicalSticksWorthyArguingSpeculationPrivate LifeUnnaturalCondemnationVindicated Book:Ever Since Darwin: Reflections in Natural History Source: Ever Since Darwin: Reflections in Natural History