25 quotes that will change your attitude to the stock market
By Lukas Wiesflecker on The Capital
However, if you subtract those that are only understandable to insiders, spiced with too much old man humor or naturally not funny, there are not even that many left.
Nevertheless, I have managed to collect 25 stock exchange quotations that I consider witty, instructive, or at least entertaining.
To each quote, you will find a short comment from my side. Have fun!
1
Anything is possible on the stock market. Even the opposite.
André Kostolany
There are only three directions in which stock prices can move: up, down, and sideways. Nobody knows in which direction the wind will turn next. Price forecasts are nothing more than coffee grounds reading, even if they come from “experts.”
2
The whole stock market depends only on whether there are more shares than idiots or more idiots than shares.
André Kostolany
Another bon mot by Kostolany, which clarifies what influences stock prices: the relationship between supply and demand. “Idiots” are likely to be…
