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John Brooks
“In the stock market, however, as de la Vega points out, “the news [as such] is often of little value;” in the short run, the mood of the investors is what counts.”
John Brooks, Business Adventures: Twelve Classic Tales from the World of Wall Street

John Brooks
“In his recent book “The Great Ascent,” Robert L. Heilbroner had cited an estimate that for every cent by which copper prices drop on the New York market the Chilean treasury lost four million dollars; by that standard, Chile’s potential loss on copper alone was $1,760,000.”
John Brooks, Business Adventures: Twelve Classic Tales from the World of Wall Street

John Brooks
“The moral may be that psychological gestures on the Exchange are most effective when they are neither intended nor really needed.”
John Brooks, Business Adventures: Twelve Classic Tales from the World of Wall Street

John Brooks
“A margin call is a demand for additional collateral from a customer who has borrowed money from his broker to buy stocks and whose stocks are now worth barely enough to cover the loan.”
John Brooks, Business Adventures: Twelve Classic Tales from the World of Wall Street

John Brooks
“(“The expectation of an event creates a much deeper impression … than the event itself.”—de la Vega.)”
John Brooks, Business Adventures: Twelve Classic Tales from the World of Wall Street

year in books
Padmaja...
272 books | 233 friends

Karan B...
179 books | 135 friends

Madhur ...
280 books | 672 friends

Dipesh ...
27 books | 105 friends

Sagarik...
242 books | 170 friends

Tanaya
12 books | 381 friends

Sameer ...
278 books | 12 friends

Shital ...
66 books | 137 friends

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