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The Future

Making money always boils down to assessing the future.

Future, n. That period of time in which our affairs prosper, our friends are true, and our happiness is assured.

Ambrose Bierce
The Devil's Dictionary

The business of life is to go forward.

Samuel Johnson
The Idler, No. 72, 1759

In Wall Street, the only thing that's hard to explain is - next week.

Louis Rukeyser
"Wall Street Week"
PBS, October 1, 1976

We should all be concerned about the future because we will have to spend the rest of our lives there.

C. F. Kettering
Seed for Thought, 1949

I never think of the future. It comes soon enough.

Albert Einstein
Interview, 1930

It is always wise to look ahead but difficult to look further than you can see.

Winston Churchill
Observer, "Sayings of the Week"
July 27, 1952

It is a mistake to look too far ahead. Only one link of the chain of destiny can be handled at a time.

Winston Churchill
Speech, House of Commons, February 27, 1945

He that will not apply new remedies must expect new evils. For time is the greatest innovator.

Francis Bacon
Essays, 24, of Innovations

I'm blessed with an extremely poor memory, which allows me to deal with the future rather than the past.

George Soros
Futures, October, 1995, p. 67

The simple fact of the matter is that no one knows the future with any certainty at all. Refusal to admit that explains why so many people lose money investing in commodities.

Mark Ritchie
God in the Pits: Confessions of a Commodities Trader
1990, pp. 173-174

I'm convinced of one thing above all: To have a future in risk management, one needs to include the future in risk measurement.

Peter Davies, Askari
Derivatives Strategy
January, 1999, p. 47

Never make forecasts, especially about the future.

Sam Goldwyn
Money Talks
Rosalie Maggio, 1998, p. 125

The present tense conveys a fantasy of stability and predictability. It also allows them to think it isn't their fault if they lose money.

Marty O'Connell

Derivatives Strategy, September, 1999, p. 41.

In life, you can't just leave the future to chance. The best way to predict the future is to create the future.

Tim Ogunbiyi
Futures
February 2003
p. 90

 


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Last updated:  January 9, 2011