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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