Thoughts on the Market

Thoughts on the Market

Go placidly amid the calls to buy and sell and remember what peace there may be in not trading.
As far as possible without being gullible be on good terms with your broker.
Speak your truth quietly and clearly and listen to others, even the dull and ignorant; they too have their hot tips.
Avoid loud and aggressive StockTalkers; they are vexatious to the spirit.
If you compare yourself with others you may become vain or bitter, for always there will be greater and lesser investors than yourself.
Enjoy your gains as well as learn from your losses.
Keep interested in your job, however humble; it is a real possession in the changing fortunes of time.
Exercise caution when listening to rumours, for the world is full of trickery.
But let this not blind you to what good stocks there are.
Many persons strive to make money.
But everywhere there are those who bought wrongly.
Be yourself.
Especially do not feign insider information.
Neither be cynical about the government, for in the face of all aridity and disappointment they'll probably do The Right Thing.
Take kindly the counsel of oldman, who has gracefully surrendered the things of youth to set up this board.
Nurture strength of spirit to shield you in sudden misfortune.
But do not distress yourself with imaginings.
Many fears are born of rumours and analysts' reports.
Beyond a wholesome discipline be gentle with yourself.
You are a player no less than the brokers and analysts.
You have a right to be here.
And whether it is clear to you or not, no doubt the market is unfolding as it should.
Therefore be at peace with your banker, whatever you owe him, and whatever your labours and aspirations in the noisy confusion of StockTalk, keep peace with your soul.
With all its sham and drudgery and broken dreams it is still a bull market for now.
Be cheerful. Strive to be happy.
And hopefully make some money.

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