Old Wall Street Sayings

Mentioned here are some words being passed generation after generation.

"A stock and a company are not always the same thing."
"Money follows earnings."
"The market indices have correctly predicted nine of the last four recessions."
"After a sharp fall money returns to its rightful owners."
“In the stock market, as in warfare, it is well to keep in mind the difference between strategy and tactics.”
"If you are going to panic, panic early."
"The first loss is the best."
"Nothing has a straight line up or down."
"When you rob a whorehouse, take the piano player, too, because no one is entirely innocent."
"Never meet a margin call."
"Sell down to the sleeping point."
"A bullish market is born amid pessimism, grows up under skepticism, matures with optimism and dies with euphoria. "
"In times of crisis, always blame the one who isn't in the room."
"If somethings worth doing, it's worth doing for money."
"Have the best hand, the best draw, or get out."
"Don’t get mad, get even."
"Buy when there is blood on the streets."
"There’s no free lunch on wallstreet."
"Don’t fight the tape"
"When volatility turns higher, it usually does do on the downside."
"Inevitably, compression gives way to dispersion."
"Trends test the line successfully, but eventually they breakthrough."
“The market is always with us.”