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Famous Last Words:
* Stock prices have reached what looks like a permanent high plateau.
* All these analysts can't be wrong.
* I'd be perfectly happy to hold these securities even if the market shut down for 10 years.
* The Dow Jones is rock solid.
* A bank is a place where they really help you.
* Let's hope things are better tomorrow.
* Things can't get worse.
* I'm convinced we have reached the bottom.
* Run with the herd.
* Never run with the herd.
* It's probably just a minor correction.
* The odds of that happening are a million to one.
* Well, so far this valuation method always worked.
* No need to panic.
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Don't try to buy at the bottom and sell at the top. It can't be done except by liars.
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If you hear that everybody is buying a certain stock, ask who is selling.
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Nobody ever went bankrupt by taking profit.
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A stockbroker and an engineer were fishing in the Caribbean. The stockbroker said, "I'm here because my house burned down, and everything I owned was destroyed by the fire. The insurance company paid for everything."
"That's quite a coincidence," said the engineer. "I'm here because my house and all my belongings were destroyed by a flood, and my insurance company also paid for everything."
The stockbroker looked somewhat confused. "How do you start a flood?" he asked.