"Losers make promises they often break. Winners make commitments they always keep." - Denis Waitley
Saturday 23 May 2020
Dickson G. Watts ‘Speculation As A Fine Art’ – A Speculator’s Essential Qualities
The book ‘Speculation As A Fine Art’ by Dickson G. Watts is very short and only 45 pages long. Most of the book consists of quotes contained in the second part entitled ‘Thoughts on Life’. Dickson G. Watts was the president of the New York Cotton Exchange from 1878 to 1880 and that the last 85 years (that’s a while back) have changed a lot of things, but the rules of speculation set forth by Mr. Watts are still very effective in today’s market.
His list of ‘Essential Qualities of the Speculator’ and ‘Laws Absolute” show the timeless value of his insight:
His list of ‘Essential Qualities of the Speculator’ and ‘Laws Absolute” show the timeless value of his insight:
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