There Are Old Traders and Bold Traders, But There Are No Old, Bold Traders

Bob Dinda? Tom Clapp? Jerry Heaster? W. Thomas Matthews? Ed Seykota? Anonymous?

Dear Quote Investigator: Engaging in risky trades of financial instruments endangers one’s financial health. A Wall Street adage states:

There are old traders and bold traders, but there are no old, bold traders.

Would you please explore the provenance of this saying?

Quote Investigator: The earliest match located by QI appeared in August 1982 within a newspaper column written by Tom Clapp of the financial services firm Edward D. Jones & Company. Clapp did not claim credit:[1] 1982 August 16, The Alliance Times-Herald, Financial Focus, Quote Page 8, Column 3, Alliance, Nebraska. (Newspapers_com)

Quote for the week: “There are old traders around and bold traders, but there are no old, bold traders around.” — Bob Dinda

Below are additional selected citations in chronological order.

Continue reading There Are Old Traders and Bold Traders, But There Are No Old, Bold Traders

References

References
1 1982 August 16, The Alliance Times-Herald, Financial Focus, Quote Page 8, Column 3, Alliance, Nebraska. (Newspapers_com)