America Has Never Forgotten -

If You Have Made A Mistake Cut Your Losses As Quickly As Possible.

Buy Straw Hats In The Wintertime. Summer Will Surely Come.

Gold Has Worked Down From Alexander's Time... When Something Holds Good For Two Thousand Years I Do Not Believe It Can Be So Because Of Prejudice Or Mistaken Theory.

Nothing Did More To Spur The Boom In Stocks Than The Decision Made By The New York Federal Reserve Bank, In The Spring Of 1927, To Cut The Rediscount Rate. Benjamin Strong, Governor Of The Bank, Was Chief Advocate Of This Unwise Measure, Which Was Taken Largely At The Behest Of Montagu Norman Of The Bank Of England....at The Time Of The Banks Action I Warned Of Its Consequences....i Felt That Sooner Or Later The Market Had To Break.

If All You Have Is A Hammer, Everything Looks Like A Nail.