Stock Market Funny Quotes

What happened was, I got the idea in my head-and I could not get it out ㅡ that college was just one more dopey, inane place in the world dedicated to piling up treasure on earth and everything. I mean treasure is treasure, for heaven's sake. What's the difference whether the treasure is money, or property, or even culture, or even just plain knowledge? It all seemed like exactly the same thing to me, if you take off the wrapping ㅡ and it still does! Sometimes I think that knowledge ㅡ when it's knowledge for knowledge's sake, anyway ㅡ is the worst of all. The least excusable, certainly. [...] I don't think it would have all got me quite so down if just once in a while ㅡ just once in a while ㅡ there was at least some polite little perfunctory implication that knowledge should lead to wisdom, and that if it doesn't, it's just a disgusting waste of time! But there never is! You never even hear any hints dropped on a campus that wisdom is supposed to be the goal of knowledge. You hardly ever even hear the word 'wisdom' mentioned! Do you want to hear something funny? Do you want to hear something really funny? In almost four years of college ㅡ and this is the absolute truth ㅡ in almost four years of college, the only time I can remember ever even hearing the expression 'wise man' being used was in my freshman year, in Political Science! And you know how it was used? It was used in reference to some nice old poopy elder statesman who'd made a fortune in the stock market and then gone to Washington to be an adviser to President Roosevelt. Honestly, now! Four years of college, almost! I'm not saying that happens to everybody, but I just get so upset when I think about it I could die.

I was having dinner…in London…when eventually he got, as the Europeans always do, to the part about “Your country’s never been invaded.” And so I said, “Let me tell you who those bad guys are. They’re us. WE BE BAD. We’re the baddest-assed sons of bitches that ever jogged in Reeboks. We’re three-quarters grizzly bear and two-thirds car wreck and descended from a stock market crash on our mother’s side. You take your Germany, France, and Spain, roll them all together and it wouldn’t give us room to park our cars. We’re the big boys, Jack, the original, giant, economy-sized, new and improved butt kickers of all time. When we snort coke in Houston, people lose their hats in Cap d’Antibes. And we’ve got an American Express card credit limit higher than your piss-ant metric numbers go. You say our country’s never been invaded? You’re right, little buddy. Because I’d like to see the needle-dicked foreigners who’d have the guts to try. We drink napalm to get our hearts started in the morning. A rape and a mugging is our way of saying 'Cheerio.' Hell can’t hold our sock-hops. We walk taller, talk louder, spit further, fuck longer and buy more things than you know the names of. I’d rather be a junkie in a New York City jail than king, queen, and jack of all Europeans. We eat little countries like this for breakfast and shit them out before lunch.

It’s funny how the economy is about to collapse because people are only buying what they need.

Funny how so many rookies out there still judge condition of the US economy on the rigged "stock market". I frankly find it hilarious.

Dowist: (n.) blind believer in the stock market.

Well, there are lot of people who make a lot of money off the fifth- and sixth-life crises. All of a sudden they have a ton of consumers scared out of their minds and willing to buy facial cream, designer jeans, SAT test prep courses, condoms, cars, scooters, self-help books, watches, wallets, stocks, whatever…all the crap that the twenty-somethings used to buy, they now have the ten-somethings buying. They doubled their market!

An unexpected sight opens in front of my eyes, a sight I cannot ignore. Instead of the calm waters in front of the fortress, the rear side offers a view of a different sea—the sea of small, dark streets and alleys—like an intricate puzzle. The breathtaking scenery visible from the other side had been replaced by the panorama of poverty–stricken streets, crumbling house walls, and dilapidated facades that struggle to hide the building materials beneath them. It reminds me of the ghettos in Barcelona, the ghettos I came to know far too well. I take a deep breath and look for a sign of life—a life not affected by its surroundings. Nothing. Down, between the rows of dirty dwellings stretches a clothesline. Heavy with the freshly washed laundry it droops down, droplets of water trickling onto the soiled pavement from its burden. Around the corner, a group of filthy children plays with a semi–deflated soccer ball—it makes a funny sound as it bounces off the wall—plunk, plunk. A man sitting on a staircase puts out a cigarette; he coughs, spits phlegm on the sidewalk, and lights a new one. A mucky dog wanders to a house, lifts his leg, and pisses on it. His urine flows down the wall and onto the street, forming a puddle on the pavement. The children run about, stepping in the piss, unconcerned. An old woman watches from the window, her large breasts hanging over the windowsill for the world to see. Une vie ordinaire, a mundane life...life in its purest. These streets bring me back to all the places I had escaped when I sneaked onto the ferry. The same feeling of conformity within despair, conformity with their destiny, prearranged long before these people were born. Nothing ever changes, nothing ever disturbs the gloomy corners of the underworld. Tucked away from the bright lights, tucked away from the shiny pavers on the promenade, hidden from the eyes of the tourists, the misery thrives. I cannot help but think of myself—only a few weeks ago my life was not much different from the view in front of my eyes. Yet, there is a certain peace soaring from these streets, a peace embedded in each cobblestone, in each rotten wall. The peace of men, unconcerned with the rest of the world, disturbed neither by global issues, nor by the stock market prices. A peace so ancient that it can only be found in the few corners of the world that remain unchanged for centuries. This is one of the places. I miss the intricacy of the street, I miss the feeling of excitement and danger melted together into one exceptional, nonconforming emotion. There is the real—the street; and then there is all the other—the removed. I am now on the other side of reality, unable to reach out with my hand and touch the pure life. I miss the street.

When living in Denver, me and my friend Tony – who’s actually up here now and does amazing photography and helped us with the photoshoot for this collection – we did this funny thing on the anniversary of the stock market crash. It was a protest at a mall in Denver, and we called it “Black Friday is the new Black Monday”. We wanted to make the hipster thing into something else, we wanted to see what potential it had. Because we were fascinated by Paris 68, we made these pamphlets that said stuff like “Real hipsters riot”. We tried to encourage that mythology of the hipster from Sorbonne, Paris. This guy you see in Godard movie. We went into Urban Outfitters, threw a bunch of shit, flipped over things, went outside, shot a bunch of fireworks. That was pretty cool. The IEF was grounded in certain theoretical premises of insurrectionist theory, continental philosophy, and critical theory. It was definitely all over the damn place.

Our investment style has been given a name-focus investing-which implies ten holdings, not one hundred or four hundred. The idea that it is hard to find good investments. So concentrate in a few, seems to me to be an obviously good idea. But ninety-eight percent of the investment world doesn't think this way. It's been good for us-and you-that we've done this.What's funny is that most big investment organizations don't think like this. They hire lots of people, evaluate Merck vs. Pfizer and every stock in the S&P 500, and think they can beat the market. You can't do it.

Ed Seykota: "Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them 'funny-mentals.' I am primarily a trend trader with touches of hunches based on about twenty years of experience. In order of importance to me are: (1) the long-term trend, (2) the current chart pattern, and (3) picking a good spot to buy or sell. Those are the three primary components of my trading. Way down in very distant fourth place are my fundamental ideas and, quite likely, on balance, they have cost me money.

One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.

A piece of newspaper had stuck to a bun, and gravely he peeled it away; the ink had transferred to the bun, and the writing was in reverse, as in a mirror. He pored over the words till he could make them out: "Obituaries... Positions Wanted... Stock Market Developments ...Now Playing..."—all normal, useful expressions, though funny, somehow, seen on a bun. Eating, it seems, is serious business; it turns everything else, by way of contrast, into a joke.

And I’m not kidding when I say “craziness.” The University of St. Gallen, Switzerland, has come out with a study that compares traders with psychopaths. The study reviewed the results from an existing study comparing 24 psychopaths in German high-security hospitals with a control group of 27 “normal” people. The funny thing is, this control group of “normal” people turned out to be traders. Stock guys, currency and commodity traders, and derivative types happened to be the normal control group that was stacked up against the high-security, barbed-wire-enclosed psychopaths. In the end, the performance of the trading group was actually worse than that of the psychopaths. The study indicated that traders, “Have a penchant for immense destruction,” and that their mindset would lead them to the logical conclusion of “beating one of the neighbor’s expensive cars with a baseball bat with the sole objective of owning the most beautiful car in the neighborhood.” In other words, traders are nuts. Indeed if you look up the textbook definition of a psychopath, here are some of the tidbits you’ll uncover: antisocial behavior, poor judgment and failure to learn from experience, inability to see oneself as others do, inexplicable impulsiveness … sounds like a typical trader who is struggling against the market and can’t figure out why.

The next day the stock market crashed. Hemmingway didn’t quite understand what it all meant, but from the way the white people in town were running around like chickens without heads, she took it as an omen.