If there were no bad speculations there could be no good investmen

If there were no bad speculations there could be no good investments; if there were no wild ventures there would be no brilliantly successful enterprises. – F. W. Hirst

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Other Quotes from
Assumptions
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Even for practical purposes theory generally turns out the most important thing in the end. – Oliver Wendell Holmes

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Treat with utmost respect your power of forming opinions, for this power alone guards you against making assumptions that are contrary to nature and judgments that overthrow the rule of reason. – Marcus Aurelius

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Assumptions

The temptation to form premature theories upon insufficient data is the bane of our profession. – Sir Arthur Conan Doyle

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Assumptions

Another great evil arising from this desire to be thought rich; or rather, from the desire not to be thought poor, is the destructive thing which has been honored by the name of speculation; but which ought to be called Gambling. – William Cobbett

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Assumptions

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