At times like these where

    Posted by goldnice on 13th of Sep 2020 at 06:52 pm

    At times like these where we have a mania in Nasdaq call options which is classic late stage capitalism its nice to know human nature never changes. 1923 or 2020 it doesn't matter. "Speculation in stocks will never disappear. It isn't desirable that it should. It cannot be checked by warnings as to its dangers. You cannot prevent people from guessing wrong no matter how able or how experienced they may be. Carefully laid plans will miscarry because the unexpected and even the unexpectable will happen. Disaster may come from a convulsion of nature or from the weather, from their own greed or from some man's vanity, from fear or from uncontrollable hope." Reminiscences of a Stock Operator. First Edition 1923. 

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