Maxims of Wall Street: A Compendium of Financial Adages, Ancient Proverbs, and Worldly Wisdom

For nearly 30 years, financial economist and investment writer Mark Skousen have been collecting all the old wise adages, proverbs, and legends on Wall Street, based on in-depth interviews with old timers, reading rare financial books, and his own experiences in the financial markets. (He has been writing Forecasts & Strategies since 1980, when President Reagan was elected.)

Maxims of Wall Street is destined to be a classic reference that you will read with delight for years to come, and an ideal gift to investors, stockbrokers and money managers.

Maxims of Wall Street is the closest thing to Wall Street scripture ever created. The work contains:
Over 800 adages, by such notables as Warren Buffett ( If you wait to see the Robin sing, Spring may be over )
...J. P. Morgan ( Troubled waters make for good fishing )
...Humphrey Neill ( The public is right during the trends but wrong at both ends )
...Richard Russell ( In a bear market, the winner is he who loses the least )
...and Steve Forbes ( Everybody is a long-term investor until the market goes down ).

Old Timer s stories like the trading sardines ...where are the customer s yachts?...the gold bugs.....commodity traders...The origin of blue sky ...

Famous lines from Baron Rothschild, Ben Franklin, John D. Rockefeller, Joe Kennedy, J. P. Morgan, Bernard Baruch, John Templeton, Jesse Livermore, John Maynard Keynes, Ben Graham...

Sage advice on beating the market, diversification vs. concentration, value vs. growth, bulls vs. bears...black swan events...day traders...doomsdayers and casandras...plungers and the peakcocks...hot tips and insider information...losing money and missed opportunities...Wall Street vs. Main Street...chartists vs. fundamentalists...leverage and debt...privacy and government...taxes and tax havens...inspiring Rich Man's Pearls of Wisdom ...and intriguing short stories such as The Extra-Ordinary Life of Warren G. Hardaway.

Quotes from the profound to the profane: "Nobody is more bearish than a sold-out bull" and "In the land of the blind, the one-eyed is king" ... "To err is human, but to be paid for it divine" and "Definition of obscene profits something you always hear about but never experience yourself."

Maxims is 290 pages long, published handsomely in a special limited edition in leather and gold lettering.