|
Quotations
Stockmarkets
I wish that we
could always say
About the money
that we borrow;
The secure
investment of today
Is not the tax
loss of tomorrow.
Wall Street is a
thoroughfare that begins in a graveyard and ends in a river.
ANON
The stock market
has called nine of the last five recessions.
PAUL A. SAMUELSON
Let Wall Street
have a nightmare and the whole country has to help get them back in bed again.
WILL ROGERS
Wall Street is a
place where the day begins with good buys.
LEOPOLD FECHTNER
There are old
traders around and bold traders around, but there are no old, bold traders
around.
BOB DINDA
The suckers
haven’t permanently deserted the stock market. They are merely waiting until the
prices get too high again.
ANON
A man is robbed
on the Stock Exchange, just as he is killed in a war, by people whom he never
sees.
ALFRED CAPUS
The stock market
has spoiled more appetites than bad cooking.
WILL ROGERS
There is a way
to make a lot of money in the market; unfortunately it is the same way to lose a
lot of money in the market.
PETER PASSEL & LEONARD ROSE
In Wall Street
the only thing that’s hard to explain is --- next week.
LOUIS RUKEYSER
Wall Street is
where prophets tell us what will happen and profits tell us what did happen.
ROBERT ORBEN
Q: Why is the
Stock market like an oven?
A: They can both be self-cleaning.
ANON
It is wise to
remember that too much success in the stock market is in itself an excellent
warning.
GERALD M. LOEB
He made a killing
in the Stock Market and shot his broker.
ANON
Wall Street lays an egg.
Variety
Men have been
swindled by other men on many occasions. The Autumn of 1929 was perhaps the
first occasion when men succeeded on a large scale in swindling themselves.
JOHN KENNETH GALBRAITH
Artificial
inflation of stocks must be considered a crime as serious as counterfeiting,
which it closely resembles.
ANDREW MAUROIS
There is no more
mean, stupid, pitiful, selfish, envious, ungrateful animal than stock
speculating public. It is the greatest of cowards, for it is afraid of itself.
WILLIAM HAZLITT
There is nothing
like the ticker tape except a woman --nothing that promises hour after hour, day
after day, such sudden developments, nothing that disappoints so often or
occasionally fulfills with such unbelievable passionate magnificence.
WALTER KNOWLETON GUTMAN
The stock market
is only distantly related to economics. It’s a function of greed, apprehension,
and panic, all superimposed on the business cycle.
RAYMOND F. De VOE
The stock market
is but a mirror which, perhaps as in this instance, somewhat belatedly, provides
an image of the underlying fundamental economic situation. Cause and effect run
from the economy to the stock market, never the reverse. In 1929, the economy
was headed for trouble. Eventually that trouble was violently reflected in Wall
Street. JOHN KENETH
GALBRAITH
Buying and
selling securities on the Stock Exchange do not start new industries. Big
business never starts anything new. It merely absorbs, consolidates and profits
at the expense of others.
FRANKLIN DELANO
ROOSEVELT
The
responsibility for … soaring “ups” and crashing “downs” belong not to the Stock
Exchange as such, because, after all, that institution is essentially a market,
and all that those charged with its administration can do is see to it that the
goods dealt in are properly labeled, that no face or otherwise objectionable
goods are admitted, and that dealings are conducted honestly and with due and
watchfully enforced lifeguards for the public.
OTTO KAHN
Stockbroking
Blood pressure
and the price
Of your stock
selections
Will move, to be
precise,
In opposite
directions.
Fortunes are made by buying low and selling too
soon.
BARON ROTHSCHILD
A broker is a man
on the right end of the telephone.
GERALD F. LIEBERMAN
Buy on the rumor:
sell on the news.
WALL STREET SAYING
I have one client
who is neither a bull nor a bear--he’s a chicken.
ANON
Select stock the
way porcupines make love--very carefully.
ROBERT DINDA
I told my broker
that as long as he doesn’t tell me where my money should go, I won’t tell him
where he should go.
LEOPOLD FECHTNER
Don’t go broke,
go public.
WALL STREET SAYING
Don’t gamble: buy
some good stock, hold it till it goes up and then sell it--if it doesn’t go up,
don’t buy it!
WILL ROGERS
If you hear that
“everybody” is buying a certain stock, ask who is selling.
JAMES DINES
With my luck, if
I ever invested in General Motors, they’d bust it to Corporal!
ROBERT ORBEN
They call him
“Broker” because after you deal with him you are.
ANON
Never follow the crowd.
BERNARD BARUCH
With an evening
coat and a white tie, even a stockbroker can gain a reputation for being
civilized.
OSCAR WILDE
Last week is the
time you should have either bought or sold, depending on which you didn’t do.
LEONARD LOUIS LEVINSON
Gentlemen prefer bonds.
ANDREW MELLON
I wasn’t affected
by the crash of ’29. I went broke in ’28.
GERALD F. LIEBERMAN
When a company
president is ready to buy you lunch, it’s time to sell the stock. When he has
something really good, you can’t get him on the phone.
PHIL STOLLER
May. This is one
of the peculiarly dangerous months to speculate in stocks in. the others are
July, September, April, November, October, March, June, December, August and
February. MARK TWAIN
Do you realize
that 7-Up is down to 41/2 percent?
LEOPOLD FECHTNER
A broker is a man
who runs your fortune into a shoestring.
ALEXANDER WOOLLCOTT
You have to watch
out for the railroad analyst who can tell you the number of ties between New
York and Chicago but not when to sell Penn Central.
NICHOLAS
THORNDIKE
A janitor is the
only one who cleans up in Wall Street and gets away with it.
ANON
The firm is
really ahead of the times. It has a stock market ticker that prints its report
on thin aspirins.
BOB HOPE
If you’re not
happy with the price of a particular stock, just wait a minute.
ANON
I’m beginning to
wonder about my broker. Yesterday I told him to buy a hundred shares of A.T.&T.
He said, ‘Would you spell that?’
ROBERT
ORBEN
I’m 20 percent in
oils, 30 percent in utilities, 50 percent in electronics, and 100 percent in
hock. ANON
If you are ready
to give up everything else--to study the whole history and background of the
market and all the principal companies whose stock are on the board as carefully
as a medical student studies anatomy--if you can do all that, and, in addition,
you have the cool nerves of a great gamble, the sixth sense of a clairvoyant,
and the courage of a lion, you have a ghost a chance.
BERNARD BARUCH
Don’t confuse
brains with a bull market.
HUMPHREY NEILL
An excellent
monument might be erected to the Unknown Stockholder. It might take the form of
a solid stone ark of faith apparently floating in a pool of water.
FELIX RIESENBERG
I wish I hadn’t
acquired respectability. I’d be out selling the market short.
JOE KENNEDY
The more money
you have, the harder it is to outperform the market because the law of averages
will mug you in the next alley.
Business week
Committees seem
to be as poor in selecting stocks as in composing sonnets.
MURPHY TEIGH BLOOM
Now I’m in real
trouble. First my laundry called and said they lost my shirt and then my broker
said the same thing.
LEOPOLD FECHTNER
Bulls and bears
aren’t responsible for as many stock losses as bumsteers.
OLIN MILLER
A man cannot be a
good doctor and keep telephoning his broker between patients nor a good lawyer
with his eye on the ticker.
WALTER LIPPMAN
My father dealt
in stocks and shares and my mother also had a lot of time on her hands.
HERMIONE GINGOLD
It is very vulgar
to talk about one’s own business. Only people like stockbrokers do that, and
then merely at dinner parties.
OSCAR WILDE
What boy well
raised can compare with your street gamin who has the knowledge and the
shrewdness of a grown-up broker.
ELBERT HUBBARD
What always
impresses me is how much better the relaxed, long-term owners of stocks do with
their portfolios than the traders do with their switching of inventory. The
relaxed investor is usually better informed and more understanding of essential
values; he is more patient and less emotional; he pays smaller annual capital
gains taxes; he does not incur unnecessary brokerage commissions; and he avoids
behaving like Cassius by “thinking too much.”
LUCIEN D. HOOPER
Back
to top
|