“The people in a position to resolve the financial crisis were, of course, the very same people who had failed to foresee it”

“When the power of love overcomes the love of power the world will know peace.”

— Jimi Hendrix

“Fortune favors the prepared mind.”

Do’s and Don’ts for Dealing with Whiners

Nobody likes a Whiner. Laugh the world laughs with you; whine and you whine alone. Whiners feel helpless and overwhelmed by an unfair world. Their standard is perfection, and no one and nothing measures up to it. But misery loves company, so they bring their problems to you. Offering solutions makes you bad company, so their whining escalates

Don’t:

• Don’t agree with Whiners, as it just encourages them to keep cmplaining.
• Don’t disagree with them, as they will feel compelled to repeat their problems.
• Don’t try to solve their problems for them — you can’t.
• Never ask them why they are complaining to you about their problems. They hear this as an invitation to start all over again from the beginning.

Do:

• Do have patience with their impossible standards and seemingly endless negativity.
• Do have compassion for the poor complainers whose lives are beyond their control.

“When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.”

— Henry Ford

“Successful traders make money in trends that go in either direction. It doesn’t matter if it’s going up or going down.”

— @DarvasTrader

“Do you know the only thing that gives me pleasure? It is to see my dividends coming in.”

— John D. Rockefeller

“The system wasn’t designed so that most people could beat it”

“The market can remain irrational longer than you can remain solvent”

— John Maynard Keynes

“Once the game is over, the king and the pawn go back in the same box”

—  Italian Proverb

“…the market will often go contrary to what speculators have predicted. At these times, successful speculators must abandon their predictions and follow the action of the market. Prudent speculators never argue with the tape. Markets are never wrong, but opinions often are.”

— Jesse Livermore

“There are two things to aim at in life; first to get what you want, and after that to enjoy it. Only the wisest of mankind has achieved the second.”

— Logan Smith

“If you don’t know where you are going, you’ll end up someplace else.”

— Yogi Berra

“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.”

— Jesse Livermore