Quote by Mark Twain

There are two times in a man's life when he should not speculate: when he can't afford it, and when he can.

There are two times in a man's life when he should not specu

Summary

This quote suggests that there are two situations in which it is unwise for a person to engage in speculation or risky investments. The first situation is when someone cannot afford the potential loss that comes with speculation, as it could have dire financial consequences. The second situation is when an individual has the financial means to speculate, but doing so may lead to overconfidence, lack of thorough analysis, and potentially reckless decision-making. In both cases, the quote advises against speculating, highlighting the importance of financial responsibility and rational decision-making.

Topics

Assumptions

By Mark Twain

Liked the quote? Share it with your friends.

Random Quotations

Take care of your body. It's the only place you have to live

Take care of your body. It's the only place you have to live.

Health

Anyone who has lost something they thought was theirs foreve

Anyone who has lost something they thought was theirs forever finally comes to realise that nothing really belongs to them.

Loss Impermanence Posessions Transience

It is excellent discipline for an author to feel that he mus

It is excellent discipline for an author to feel that he must say all that he has to say in the fewest possible words, or his readers is sure to skip them.

The idea of being able to serve as an example, based upon ho

The idea of being able to serve as an example, based upon how to process, how to think, how to realize our own dreams, we can pass that down to our children.

Dreams

Once the game is over, the king and the pawn go back in the

Once the game is over, the king and the pawn go back in the same box.

Italian Proverb

Death

Games are a compromise between intimacy and keeping intimacy

Games are a compromise between intimacy and keeping intimacy away.

Eric Berne, Games People Play

Play/games

This evening I wish to suggest that we Christians should acc

This evening I wish to suggest that we Christians should accompany people on their pilgrimages. Specifically we should travel with people as they search for the good, the true and the beautiful.

Timothy Radcliffe

Travel

Marriage, Sir, is much more necessary to a man than to a wom

Marriage, Sir, is much more necessary to a man than to a woman; for he is much less able to supply himself with domestick comforts

Marriage Relationships

I wanted to write about my mother as she should have been if

I wanted to write about my mother as she should have been if she had not been messed up by World War I.

War

The American people never carry an umbrella. They prepare to

The American people never carry an umbrella. They prepare to walk in eternal sunshine.

Alfred E. Smith

Sunshine

I just love jumping into someone else's life. It is a relati

I just love jumping into someone else's life. It is a relatively cheap way to experience things you would be too scared to contemplate in your own life.

Experience Life Love

To attain happiness in another world we need only to believe

To attain happiness in another world we need only to believe something, while to secure it in this world we must do something.

Charlotte Perkins Gilman

Happiness