A Quote by Jim Rogers

You can no longer buy commodities at Merrill Lynch. My guess is many analysts and even executives are too young to know how profitable a hot commodities market can be. They will soon.

Jim Rogers

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Analysts Buy Commodities Even Executives Guess Hot How Know Know How Longer Many Market Profitable Soon Too Will Young

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Jim Rogers
American - Businessman
Born: October 19, 1942

So Merrill Lynch has launched its first campaign in years to advertise the accomplishments of its investment banking business. The ads feature things like Merrill's recapitalization of Sierra Pacific. I guess including "helping Enron achieve its earnings goals in 1999" might be a little awkward given that Merrill Lynch bankers are currently on trial in Houston for that "accomplishment."

Bethany McLean

Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.

Kenneth Lay

Utility is a metaphysical concept of impregnable circularity; utility is the quality in commodities that makes individuals want to buy them, and the fact that individuals want to buy commodities shows that they have utility.

Joan Robinson

What is the free market? Well, the free market, [we're told] is really a terrible, inhuman kind of arrangement, because it treats people like commodities. But how does the government treat people? Like garbage-worse than garbage. Not like commodities, but like nothing. We libertarians understand that we are not humane, we are not compassionate. It's the leftists and the liberals, they're the ones who are human and compassionate, but you'd better not get in their way.

Ralph Raico

When you look at a commodities market you need hedgers and speculators. If you don't have one, you don't have a market. That's how it works.

T. Boone Pickens

A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.

David Ricardo

Even the reporting of news has to be understood not as propaganda for any particular ideology, liberal or conservative, but as propaganda for commodities — for the replacement of things by commodities, use values by exchange values, and events by images.

Christopher Lasch

My low point was after being reorganized out of running Merrill Lynch. That dismissal deeply contradicted my sense of fairness, since, at the time, my team and I had done what we were brought in to do: We had turned Merrill Lynch around from the depths of the financial crisis.

Sallie Krawcheck

It is therefore utterly false to say that Marx revokes the law of value as far as individual commodities are concerned, and maintains it in force solely for the aggregate of these commodities.

Rudolf Hilferding

I was in the equity-trading department at Merrill Lynch. I was there in 1987 when the market crashed.

Terence Winter

The essence of capitalism is to turn nature into commodities and commodities into capital. The live green earth is transformed into dead gold bricks, with luxury items for the few and toxic slag heaps for the many. The glittering mansion overlooks a vast sprawl of shanty towns, wherein a desperate, demoralized humanity is kept in line with drugs, television, and armed force.

Michael Parenti

Let the market, not politicians, determine the flow of rice, oil and other commodities. Lower, more stable prices will ensue.

Steve Hanke

If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer.

John Maynard Keynes

Hey, guess what? Turns out the free market? Not so free. Wall Street was hit hard Monday when Lehman Brothers filed for bankruptcy, Merrill Lynch was sold to Bank of America, and insurance giant AIG neared a collapse of its own. Basically, if your commercials air during golf tournaments, you're done.

Amy Poehler

Neither machines, nor the commodities made by them, rise in real value, but all commodities made by machines fall, and fall in proportion to their durability.

David Ricardo

But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed.

David Ricardo

A Quote by Jim Rogers

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