Dave Ramsey
👤 SpeakerAppearances Over Time
Podcast Appearances
And there is something about the arrogance and pridefulness that says, I've got the stock market figured out.
If you hear someone say that, laugh at them.
They are funny people.
They are statistically stupid human beings.
97% of you that day trade 36 months consecutively lose money.
Now, you need to hear that because some of you get a little fishing story where you hit a lick and you go, oh, I made some money.
And it's just like gambling in Vegas.
Now, I'm going to go back to the table.
And the only part I'm going to remember is the time I won.
I'm going to forget about the 16 times I lost.
And when you add it all up, you lost.
That's how they build those nice hotels in Vegas.
So true.
And the same thing is true at day trading.
You lost money.
Poor guy.
Poor gal.
What a horrible thing they're going through.
But some of you people, man, you're sitting out there, well, Dave Ramsey doesn't understand.
Listen, I understand.