(?)
Quotes are added by the Goodreads community and are not verified by Goodreads. (Learn more)
Tan Liu

“Stocks are intangible things that are priced in terms of cash, but the price of a stock is not legitimately backed by anyone. If you have a $1,100 share of Google, the only money you are entitled to from Google is the par value of $0.001. This also means if you are holding $110,000 in Google stocks, you are technically only owed $0.10.”

Tan Liu, The Ponzi Factor: The Simple Truth About Investment Profits
Read more quotes from Tan Liu


Share this quote:
Share on Twitter

Friends Who Liked This Quote

To see what your friends thought of this quote, please sign up!


This Quote Is From

The Ponzi Factor: The Simple Truth About Investment Profits The Ponzi Factor: The Simple Truth About Investment Profits by Tan Liu
301 ratings, average rating, 46 reviews
Open Preview

Browse By Tag