You're not going to get rich by Tuesday, it's going to take a long time, ... Don't quit your day job and don't expose yourself to levels of risk you can't tolerate.
More Quotes from Vince Farrell:
Margin calls tend to precipitate a sell-off, and you've got to figure that part of this action today was due to the initial thrust of the margin calls' feeding the selling.Vince Farrell
I think BellSouth looks very attractive. I think this is a terrific business with very good management, broad, diversified portfolio businesses, ... I think ATT Wireless looks very attractive at this 9 price. And you mention these names, people just cringe but that's probably a good sign.
Vince Farrell
I think you ought to take advantage of whatever rally, if you have one today, to trim whatever holdings you have that may be a disproportionate percentage in your portfolio. You know, I've been negative on the very richly priced high tech, not all tech, but the very richly priced high tech, and I don't think it is too late to sell these.
Vince Farrell
I think the market tends to rally in front of a Fed meeting, ... I think what is going to happen is no action (to raise rates), hawkish comments and the rally fades, because what you then have to turn your attention to is what will earnings be. If growth goes from 5.5 percent to 3.5 percent, earnings are going to slow.
Vince Farrell
I don't think bank stocks are going to plummet, and I think you probably should take advantage of the weakness to start to add to your portfolio,
Vince Farrell
They may or may not have exposure to the hurricanes depending on where their business is written, ... But it's psychologically a good time to move in, because that's when these stocks tend to be toward their bottoms, and indeed they are right now.
Vince Farrell
Readers Who Like This Quotation Also Like:
Based on Topics: Danger & Risk Quotes, Time Quotes, Tolerance QuotesI was a shy, quiet kid. I was happiest playing by myself with my toys, rather than hanging around people.
Christian Slater
I think I'm being friendly with someone and I'll sit in their lap. They think I'm flirting with them.
Kylie Minogue
Choose something you like to do. I know it's a cliche, and you've heard it over and over. But the reason is, you're going to have to work long and hard to achieve any success. You better like it or life is going to be terrible.
Bill Kurtis