“Never give anyone the advice to buy or sell shares, because, where perspicacity is weakened, the most benevolent piece of advice can turn out badly.”
― Business Adventures: Twelve Classic Tales from the World of Wall Street
― Business Adventures: Twelve Classic Tales from the World of Wall Street
“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.”
― Business Adventures: Twelve Classic Tales from the World of Wall Street
― Business Adventures: Twelve Classic Tales from the World of Wall Street
“It is foolish to think that you can withdraw from the Exchange after you have tasted the sweetness of the honey.”
― Business Adventures: Twelve Classic Tales from the World of Wall Street
― Business Adventures: Twelve Classic Tales from the World of Wall Street
“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.”
― Business Adventures: Twelve Classic Tales from the World of Wall Street
― Business Adventures: Twelve Classic Tales from the World of Wall Street
“The moral may be that psychological gestures on the Exchange are most effective when they are neither intended nor really needed.”
― Business Adventures: Twelve Classic Tales from the World of Wall Street
― Business Adventures: Twelve Classic Tales from the World of Wall Street
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