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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
“(“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

John Brooks
“It is foolish to think that you can withdraw from the Exchange after you have tasted the sweetness of the honey.”
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 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

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