Aniket Doke

“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

“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

“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

“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