On the stock exchange, anything is possible, including the opposite.
An der Borse ist alles moglich, auch das Gegenteil.
Investors
André Kostolany
Born in Budapest in 1906, Kostolany spent 80-plus years in markets from Paris and Frankfurt. His Egg Theory and contrarian philosophy made him Europe's foremost speculator-educator. He died in 1999 at 93.
View this figure's profile
André Kostolany's Other Quotes
I cannot tell you how to get rich quickly, but I can tell you how to get poor quickly: by trying to get rich quickly.
The rich can speculate; the poor must not; the penniless have no choice but to speculate.
Buy stocks, take sleeping pills, and stop looking at the papers. After many years you will see: you are rich.
Stock market profits are pain money. First comes the pain, then the money.
Related Quotes
You can't predict. You can prepare.
-- Howard Marks
Risk means more things can happen than will happen.
-- Howard Marks
Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.
-- George Soros
The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.
-- George Soros
The rich can speculate; the poor must not; the penniless have no choice but to speculate.
-- André Kostolany
An investor who has all the answers doesn't even understand the questions.
-- John Templeton