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Psychology Quotes

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Psychology Quotes

“television. It has changed the way that we perceive the world out there, and though we know that - have indeed been bombarded with analyses on the consequences for society, for the family, and for individual psychology - I don't believe that we have yet begun to appreciate the reach of its subliminal effects, of what we might call 'the slow viruses.' They not only get into our ways of seeing, they pervade the ways in which we weave our perceptions together into patterns that support and explain our thinking and our doing and both direct and hinder various kinds of relationships.”

“Successful trading depends on the 3M`s - Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. Each trader needs to have a method for choosing specific stocks, options or futures as well as firm rules for pulling the trigger - deciding when to buy and sell. Money refers to how you manage your trading capital.”

“Physiology, in its analysis of the physiological functions of the sense organs, must use the results of subjective observation of sensations; and psychology, in its turn, needs to know the physiological aspects of sensory function, in order rightly to appreciate the psychological.”

“If one writes or reads novels from the point of view of psychology, it is very inconsistent and petty to want to shy away from even the slowest and most detailed analysis of the most unnatural lusts, gruesome tortures, shocking infamy, and disgusting sensual or spiritual impotence.”

“Investing is the intersection of economics and psychology. The analysis is actually the easy part. The economics, the valuation of the business isn't that hard. The psychology - how much do you buy, do you buy it at this price, do you wait for a lower price, what do you do when it looks like the world might end - those things are harder. Knowing whether you stand there, buy more, or whether something has legitimately gone wrong and you need to sell, those are harder things. That you learn with experience, by having the right psychological makeup.”

“A very elementary exercise in psychology, not to be dignified by the name of psycho-analysis, showed me, on looking at my notebook, that the sketch of the angry professor had been made in anger. Anger had snatched my pencil while I dreamt. But what was anger doing there? Interest, confusion, amusement, boredom--all these emotions I could trace and name as they succeeded each other throughout the morning. Had anger, the black snake, been lurking among them? Yes, said the sketch, anger had.”

“While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy that emphasizes the need to perform in-depth fundamental analysis, pursue long-term investment results, limit risk, and resist crowd psychology.”

“Hence, even in the domain of natural science the aid of the experimental method becomes indispensable whenever the problem set is the analysis of transient and impermanent phenomena, and not merely the observation of persistent and relatively constant objects.”