“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
“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.”
― Business Adventures: Twelve Classic Tales from the World of Wall Street
― Business Adventures: Twelve Classic Tales from the World of Wall Street
“(“The expectation of an event creates a much deeper impression … than the event itself.”—de la Vega.)”
― Business Adventures: Twelve Classic Tales from the World of Wall Street
― Business Adventures: Twelve Classic Tales from the World of Wall Street
“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
“Evidence that people are selling stocks at a time when they ought to be eating lunch is always regarded as a serious matter.”
― 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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