A Quote by Graydon Carter

Financial institutions like to call what they do trading. Let's be honest. It's not trading; it's betting.

Graydon Carter

Quote Topics

Betting Call Financial Financial Institutions Honest Institutions Like Trading

Quote Author

Graydon Carter
American - Journalist
Born: July 14, 1949

Creating a Financial Transactions Tax would go a long way to curbing short-term speculative trading, including high-frequency trading.

Sharan Burrow

Don’t ever average losers. Decrease your trading volume when you are trading poorly; increase your volume when you are trading well. Never trade in situations where you don’t have control. For example, I don’t risk significant amounts of money in front of key reports, since that is gambling, not trading.

Paul Tudor Jones

Some of these biggest financial institutions are out there trading in commodities. They're buying oil tankers. This is not a financial system that has calmed down and is there to serve the American people.

Elizabeth Warren

You know how on the evening news they always tell you that the stock market is up in active trading, or off in moderate trading, or trading in mixed activity, or whatever. Well, who gives a

Dave Barry

The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliché, but the single most important reason that people lose money in the financial markets is that they don't cut their losses short.

Victor Sperandeo

Trading is more or less like betting or gambling, but only without the pleasure show of the game.

William C. Brown

If you don't like trading, gambling and betting, then you don't like living.

William C. Brown

The way the textbook works is you have gains from trade that should be distributed across all the trading partners. As soon as one bad actor like China massively cheats, they win at the expense of us; they win at the expense of Europe, and over time, it threatens the entire integrity of the global financial system and the global trading system.

Peter Navarro

When the last history of high-frequency trading is written, Hunsader, like Joe Saluzzi and Sal Arnuk of Themis Trading, deserves a prominent place in it.

Michael Lewis

One measure for promoting both stability and fairness across financial market segments is a small sales tax on all financial transactions - what has come to be known as a Robin Hood Tax. This tax would raise the costs of short-term speculative trading and therefore discourage speculation. At the same time, the tax will not discourage "patient" investors who intend to hold their assets for longer time periods, since, unlike the speculators, they will be trading infrequently.

Robert Pollin

We are a trading nation, and we are trading with Greece, Spain, Italy, Portugal and Ireland.

Mark Rutte

When Donald Duck traded his wings for arms, was he trading up or trading down?

Douglas Coupland

Prior to the 2008 recession, many financial institutions were engaging in 'proprietary lending,' where a bank would invest funds for its own gain instead of earning revenue through commission by trading on behalf of clients.

Seth Moulton

Russia and China, when they were communist-like adversaries, they didn't participate. They're participating now in the world with us. They're trading monetary instruments. We're buying and selling goods back and forth, trading oil and so forth.

Wesley Clark

Trading demands total concentration and the ability to do several things at once while instantly recalling trading prices from the day, or week, before.