In the long run you cant be worng. Well, as Keynes once remarked, "in the long run we are all dead", and as the line in the ballad says, everything is born to die.


if you know that hte stock doesn't know you own it, you are ahead of the game. You are ahead because you can cahnge your mind and your actions without regard to what you did or thought yesterday; you can, as Mister Johnson said, start out with no preconceived notions. Every day is a new day, providing, in the Game, a new set of continuously measurable options.

being in the right place at the right time is a good thing in the game.

did you ever stop to think what a million dollars is? a million dollars is five thousand shares of polaroid at two hundred dollars a share, thats all it is. A million dollars, a million dollars.

harry wanted to live big or small, but not in the middle.

what is the difference, harry said, whether you have twenty thousand dollars or sixty thousand? you can buy a few more things, but its not enough to buy freedom, not enough to change your life. youre either a wage salve or you're not. you have to go for quantum jumps. why are we on wall street? to make money. if you pick a stock that triples you're doing as well as anyone ever does. and if you start with then thousand dollars, ath end of a briliant record you've got thirty thousand--big deal. what have you spent your life doing! there are a lot of people here conning themselveswith little capital gains -ten thousand dollars here, twenty thousand there-feeling very wise and smug about it. one day they'll wake up and be fifty yers old, with a hundred and twenty thousand in stocks, and thats all they'll have for their life; thats who they are.

Time is getting shorter , Harry said, I'll be forty soon. you have to do what youre going to do. all professionals use leverage. you have to, or you end up just another face in the crowd, somebody who worked on the street thirty years and saw a lot of markes and retired with a hundred and twenty thousand dollars. thats no reason to be on the street.

harry was left staring at his latest reort,which said that some day 90 percent of all the homes in america would have color tv, but people NO LONGER CARE about that because the kids are still in poublic schoool and the old lady is still in the maid's room and the prices at the prices at the nursing home are going up all the time.