Explore popular quotes and sayings by an American businessman John Gutfreund.
Last updated on November 9, 2024.
John Halle Gutfreund was an American banker, businessman, and investor. He was the CEO of Salomon Brothers Inc, an investment bank that gained prominence in the 1980s. Gutfreund turned Salomon Brothers from a private partnership into a publicly traded corporation, which started a trend in Wall Street for investment companies to go public. In 1985, Business Week gave him the nickname "King of Wall Street".
I have never been a social lion; I was misidentified as one because I have a very attractive second wife.
Proprietary stock-index arbitrage is but one aspect of program trading. Arbitrage will take place whenever there is an imbalance created in one or more markets that are similar.
The media, the polls and our legislatures fortunately have short attention spans.
Shareholders share in the downside and not necessarily in the upside; that's the whole story.
I don't have many regrets. I regret mistakes, particularly those that damage other people, and we've all made some of those. But I'm not sad about change.
I thought that ending Glass-Steagall was a mistake.
I am more rich in goods than I am in money.
I never thought of myself as a king. People really want you to be their deity. They forget the fact that you are a person who has feelings and doubts.
Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.
People in Philadelphia are a world apart from New York. They're very different from people in the New York scene. The New York scene wants your visibility and wants your money.