Wisdom of the Markets by Andrew Dawson - HTML preview

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General Rules for Traders

I know at last what distinguishes man from animals; financial worries.

Romain Rolland

 

In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination.

James Buchan

 

When an economist says the evidence is ‘mixed’, he or she means that theory says one thing and data says the opposite.

Richard Thaler

 

Obviousness is always the enemy of correctness.

Bertrand Russell