_Life

b.classList.remove('active')); this.classList.add('active');">English b.classList.remove('active')); this.classList.add('active');">한국어 This time is never different. - Wall Street The phrase "This time is never different" serves as a direct rebuttal to the dangerous rationalization, "This time it's different." During a massive bull market, investors often justify sky-high valuations by arguing that a new technology, a new economic policy, or a new era has structurally changed the rules of the game. Conversely, during a severe bear market, people panic and assume the financial system is broken beyond repair. This adage reminds investors of a few timeless truths: Psychology Drives the Market: Technologies and economic environments change, but human behavior does not. The underlying drivers of market cycles—greed during peaks and fear during tro...

b.classList.remove('active')); this.classList.add('active'); p.querySelector('.content-en').style.display='block'; p.querySelector('.content-ko').style.display='none';">English b.classList.remove('active')); this.classList.add('active'); p.querySelector('.content-en').style.display='none'; p.querySelector('.content-ko').style.display='block';">한국어 A quick and interesting correction: While this quote sounds exactly like a motivational mantra you would hear on Wall Street , it was actually written by the 19th-century American author Washington Irving . Because of its strong message about success and drive, it has been widely adopted by business and finance professionals over the years. "Great minds have purposes; others have wishes." - Washington Irving Breakdown of the Quote The Core Meaning: ...

"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...

English 한국어 "You cannot outperform the crowd when you are part of it." - Wall Street Force yourself to trade against the consensus. The Philosophy of the Contrarian This Wall Street adage highlights a simple mathematical and psychological truth about financial markets: if you do exactly what everyone else is doing, your results will, at best, be exactly average. Here is a detailed breakdown of the core concepts: The Math of the Crowd: The "consensus" or the "crowd" represents the market average. If you buy the same stocks at the same time as the majority, your portfolio will simply mirror the broader market. To outperform (achieve higher-than-average returns), your portfolio and your decisions must look different from the average. Market Mechanics (Priced-In Expectations): When the crowd unanimously agrees that a stock or asset is a "grea...

Where are the customers’ yachts? $ Wall Street Your broker is not your buddy. 고객들의 요트는 어디에 있지요? - 월가격언 월가를 찾은 시골사람들을 데리고 뉴욕 시내를 구경시켜주던 증권회사 직원이 바닷가 선착장에 정박해있던 요트들을 가리키며 자랑스러운 목소리로 이렇게 말했다. “저게 다 은행가와 주식 중개인들의 요트지요.” 그러자 한 시골사람이 물었다. “그럼 고객들의 요트는 어디에 있지요?” 이 대화는 1940년에 초판이 출간된 프레드슈워드의 책 제목으로도 쓰여졌을 만큼 유명해졌는데, 사실 투자자들이 내는 거래 수수료는 증권회사와 자산운용회사를 비롯한 증권관련 금융기관들의 중요한 수입원이다. 주식 중개인은 당신 편이 아니다.

Never make a bet you can’t afford to lose. - Wall Street Risk control is 90% of the investment battle. 감당할 수 없을 정도로 투자하지 말라. - 월가격언 리스크 관리가 투자의 90%를 좌우한다.

There is never any news on a bull market. - Wall Street No news is good news. 강세장에서는 아무런 뉴스도 없다. - 월가격언 무소식이 희소식이다.

Panics on Wall Street are notoriously periodic. - Wall Street It’s right to be an optimist, but be prepared for the worst. 월가의 패닉은 정기적으로 어김없이 찾아온다. - 월가격언 낙관주의자가 되는 것은 좋지만 최악의 상황도 대비하고 있어야 한다.

Don’t speculate with another person’s money. - Wall Street Never borrow short-term money on unmarketable collateral. 남의 돈으로 투자하지 말라. - 월가격언 단기 자금을 빌려 시장성이 낮은 자산에 투자해서는 안 된다.

Investors are not rewarded for activity. They are rewarded for being right. - Wall Street Never ask a barber if you need a haircut. 투자자는 얼마나 활동적이냐가 아니라 얼마나 옳은 판단을 하느냐에 따라 보상을 받는다. - 월가격언 머리카락을 자를 때는 이발사에게 조언을 구하지 말라.

The longer a risky asset is held, the less the chance of a loss. - Wall Street More haste, less speed. 위험 자산은 보유 기간을 길게 가져갈수록 손실 가능성을 줄일 수 있다. - 월가격언 서두를수록 오히려 더 늦어진다.

The best possible time to invest is when the sky is black with clouds. - Wall Street After extreme weakness buy stocks. 투자하기에 최선의 시점은 하늘에 잿빛 먹구름이 가득할 때다. - 월가격언 로스차일드 경이 말한 것처럼 대포소리가 들리고 거리에 피가 흐를 때 주식을 살 수 있어야 진짜 고수다. 절망적인 약세는 매수신호다.

Don't shape your portfolio on what your barber advice. - Wall Street Forget about stock market tips. 이발사의 말을 듣고 포트폴리오를 짜서는 안된다. - 월가격언 비밀정보 따위는 잊어라.

Stock investing merely attempts to anticipate the inevitabilities of future changing condition. - Wall Street Anytime there is change there is opportunity. 투자란 불가피한 미래의 상황 변화를 예측하고자 하는 것이다. - 월가격언 변화가 있는 곳에 기회가 있는 법이다.

The big money in booms is always made first by the public on paper, and it remains on paper. - Wall Street Everyone is wise after the event. 강세장에서 큰 돈은 늘 대중들이 먼저 벌지만, 그건 계속 평가이익으로만 남는다. - 월가격언 사람들은 늘 지나놓고 나서야 현명해진다.

There are times when one should invest, and just as surely there are times when one should not. $ Wall Street There is a time for all things. 투자를 해야 할 때가 있고, 투자를 해서는 안되는 때가 있다. - 월가격언 무슨 일이든 다 때가 있기 마련이다.

The stock market merely registers, and does not cause, what takes place in the realm of business and profits. $ Wall Street The market discounts everything but the completely unexpected. 주식시장은 기업 경기와 실적 변동의 원인 제공자가 아니다. 단순한 기록자일 뿐이다. - 월가격언 시장은 예상할 수 없는 것을 제외한 모든 것을 전부 반영한다.

A man adapts himself to conditions so quickly that he loses the perspective. - Wall Street A lordly taste makes a beggar's purse. 사람들은 상황에 너무 빨리 적응하는 바람에 균형감각을 상실해버린다. - 월가격언 고상한 입맛은 지갑을 비운다.

It is the duty of shareholders to periodically suffer loss without complaint. - Wall Street Investors will mistakenly think falling stock prices are bad. 주식투자자라면 정기적으로 찾아오는 주가하락을 아무런 불평 없이 감수해야 한다. - 월가격언 주가하락이 무조건 나쁘다는 생각은 잘못된 것이다.

If a company has dynamic growth prospects, do not sell it just because it looks temporarily too high. - Wall Street Kill not the goose that lays the golden eggs. 미래 성장성이 아주 뛰어난 기업이라면 일시적으로 주가가 너무 올랐더라도 매도하지 말라. - 월가격언 황금알을 낳는 거위를 죽이지 말라.