"In my opinion, the greatest misconception about the market is the idea that if you buy and hold stocks for long periods of time, you'll always make money. Let me give you some specific examples. Anyone who bought the stock market at any time between the 1896 low and the 1932 low would have lost money. In other words, there's a 36 year period in which a buy-and-hold strategy would have lost money. As a more modern example, anyone who bought the market at any time between the 1962 low and the 1974 low would have lost money."

-- Victor Sperandeo

#Ideas Quotes #Years Quotes #Long Quotes

“Why is it that the people with whom one loves to be silent are also the very ones with whom one loves to talk?”

Source : Kate Douglas Wiggin (2016). “PENELOPE’S PROGRESS – The Complete Series: Penelope's English Experiences, Penelope's Experiences in Scotland, Penelope's Irish Experiences & Penelope's Postscripts: Being Such Extracts from the Commonplace Book of Penelope Hamilton”, p.57, e-artnow
“People check their phone an average of 110x a day.”
“Love is the undisturbed balance that binds this universe together.”
“I can not believe that war is the best solution. No one won the last war, and no one will win the next war.”
“Sexuality itself means mortality - equally for both man and woman.”
“If I were in authority in Singapore indefinitely without having to ask those who are governed whether they like what is being done, then I would not have the slightest doubt that I could govern much more effectively in their interests.”
“Man is a thinking being; what and how we think largely determines what we are and what we will become.”
“Valor consists in the power of self-recovery, so that a man cannot have his flank turned, cannot be out-generalled, but put him where you will, he stands.”

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