Livermore made and lost millions in stock speculation over his lifetime, and finally died broke even after cleaning up in the crash of 1929. (commencefp.com)
Every period of speculation rediscovers it... During every preceding period of stock speculation and subsequent collapse business conditions have been discussed in the same unrealistic fashion as in recent years. (hussmanfunds.com)
«For as long as I can remember, veteran businessmen and investors - I among them - have been warning about the dangers of irrational stock speculation and hammering away at the theme that stock certificates are deeds of ownership and not betting slips. (hussman.net)