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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Assumptions
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It is theory that decides what can be observed. – Albert Einstein

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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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The narrower the mind, the broader the statement. – Ted Cook

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Theories are always very thin and insubstantial, experience only is tangible. – Hosea Ballou

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