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«Whales only get harpooned when they come to the surface, and turtles can only move forward when they stick their neck out, but investors face risk no matter what they do.»
«In this age of electronic money, investors are no longer seduced by a financial 'dance of a thousand veils.' Only hard and accurate information on reserves, current accounts, and monetary and fiscal conditions will keep capital from fleeing precipitously at the first sign of trouble.»
Author: Larry Summers
| Keywords:
accounts, accurate, age of, capital, conditions, current, current account, electronic, financial, fiscal, fleeing, Information Age, investor, investors, monetary, precipitously, reserves, seduced, seduces, seducing, veils
«The problem with the person who thinks he's a long-term investor and impervious to short-term gyrations is that the emotion of fear and pain will eventually make him sell badly.»
«I can't figure the stock market out. I think it's wacky. I have done well with a long-term strategy and will continue being a long-term investor.»
«The investor of today does not profit from yesterday's growth.»
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