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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
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Gerald M. Loeb
Age: 75 †
Born: 1899
Born: January 1
Died: 1974
Died: April 13
Author
Stockbroker
San Francisco County
California
Gerald Martin Loeb
Keep
Employed
Capital
Investing
Entirely
Income
Merely
Hedge
Question
Solely
Simply
Inflation
More quotes by Gerald M. Loeb
Successful investment is a battle for financial survival.
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Stocks are bought on expectations, not facts.
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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.
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It is wise to remember that too much success in the stock market is in itself an excellent warning.
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The greatest safety lies in putting all your eggs in one basket and watching the basket.
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