Better Eccentric Vagaries than Commonplace Dullness

Better Eccentric Vagaries than Commonplace Dullness

Dickson G. WattsDickson G. Watts was president of the New York Cotton Exchange from 1878 to 1880, and in his book "Speculation as a Fine Art and Thoughts on Life," he wrote, "Better the vagaries of eccentricity than commonplace dullness." True in so many facets of life, it can make you a better investor as well. The common man runs with the herd, buying at tops and selling at bottoms; the eccentric succeeds by doing the opposite.

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