Don't be overly concerned about your heirs. Usually, unearned funds do them more harm than good. Gerald M. Loeb More Quotes by Gerald M. Loeb More Quotes From Gerald M. Loeb The greatest safety lies in putting all your eggs in one basket and watching the basket. Gerald M. Loeb safety eggs lying Stocks are bought on expectations, not facts. Gerald M. Loeb expectations facts Knowledge born from actual experience is the answer to why one profits; Gerald M. Loeb born reason answers Market values are fixed only in part by balance sheets and income statements; much more by the hopes and fears of humanity; by greed, ambition, acts of God, invention, financial stress and strain, weather, discovery, fashion and numberless other causes impossible to be listed without omission. Gerald M. Loeb fashion stress business I once read about a meeting of economists who agreed that if their forecasts were 33 1/3 % correct, that was considered a high mark in their profession. Well, of course, I know you cannot invest in securities successfully with odds like that against you if you place dependence solely upon judgement as to the right securities to own and the right time or price to buy them. Then, too, I read somewhere about the man who described an economist as resembling ‘a professor of anatomy who was still a virgin.’ Gerald M. Loeb he-man odds men The desire for gold is the most universal and deeply rooted commercial instinct of the human race. Gerald M. Loeb race gold desire It is wise to remember that too much success in the stock market is in itself an excellent warning. Gerald M. Loeb too-much warning wise Successful investment is a battle for financial survival. Gerald M. Loeb survival battle successful Investing solely for 'income,' investing merely 'to keep capital employed,' and investing simply 'to hedge against inflation' are all entirely out of the question. Gerald M. Loeb employed investing income
