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Emotions, Wall Street

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"Don't get emotionally involved. - Wall Street" English 한국어 Don’t get emotionally involved. - Wall Street "Don't get emotionally involved" is a foundational principle of investing and business, famously associated with the ethos of the financial sector and the 1987 film Wall Street. (In the movie, the exact phrasing used by the character Gordon Gekko is: "Don't get emotional about stock. It clouds the judgment." ) If you let emotions get involved, you will make bad decisions. Here is a breakdown of its meaning. The Core Meaning This quote serves as a strict warning against letting personal feelings dictate financial decisions. In the world of business and trading, emotions like fear, greed, pride, or nostalgia are considered dangerous liabilities. The Context (The Movie & The Market) In Oliver Stone's 1987 film Wall Stree...

Investment, Fred Schwed Jr.

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Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little. ― Fred Schwed Jr. , Where Are the Customers' Yachts?: Or a Good Hard Look at Wall Street 투기는 적은 돈으로 큰 돈을 만들려는, 아마도 성공하지 못할 노력입니다. 투자는 큰 돈을 손실로 막기 위한 노력이며, 그것은 성공적이어야 합니다. - 프레드 슈워드 2세