A Quote by John Thain

Over time, all of the markets should be combined. — © John Thain
Over time, all of the markets should be combined.
Markets are a social construction, they're made from institutions. We in a democratic society create markets, we constitute markets, we bring them into existence, and we shouldn't turn markets over to a narrow group of people who regulate them and run them in their interests, rather they should be run democratically for the common good.
If you have an overwhelming majority of one sex over the other, and clearly in our case at the moment - and it has been like this for a long time - it is male over female, you tend to have group thinking. You tend to have common references, combined with competition, combined in this case with testosterone. I'm not suggesting it's a toxic mix, but I'm saying it needs to be tempered and altered and modified and made better by diversity.
Naturally, business and pleasure can be readily combined, but a certain balance should exist, and the latter should not predominate over the former.
There's been a dichotomy in the world financial markets over the last 30 years between the developed markets and the developing markets. Brazil, for example, always had to pay a lot more in interest to borrow money than governments in developed nations.
If you're saving for the long run, it's actually a good thing when the market is down because the more shares you have, the more you can potentially make when markets rise. And over time - decades, not months - the markets rise more than they fall.
The markets are efficient over time.
When you are starting a new business you don't want to go after giant markets. You want to go after small markets and take over those markets quickly.
As a whole, investors should welcome attempts to safeguard the integrity of markets. You need very clear rules applied to markets.
Before you start trying to work out which direction the property market is headed, you should be aware that there are markets within markets.
Markets, and the way they operate can't be frozen in time and place. A dynamic economy that is growing and increasing material well-being for a large number of people have to change over time.
It's in the nature of stock markets to go way down from time to time. There's no system to avoid bad markets. You can't do it unless you try to time the market, which is a seriously dumb thing to do. Conservative investing with steady savings without expecting miracles is the way to go.
I still believe that for good business analysts a concentrated portfolio is a good strategy combined with a long term horizon. Once again, the secret to success in following the formula strategy is patience, a quality in short supply for both professionals and individual investors alike. I think investors should have a large portion of their assets in equities over time.
If you go back in time and look at a map of all of the television markets where wrestling was most popular, historically, the deepest concentrations of those markets were in the northeast.
Defenders of the status quo will argue that this system has served us well over the centuries, that our parliamentary traditions have combined stability and flexibility and that we should not cast away in a minute what has taken generations to build.
Real investors should never feel bearish because the time to buy value is when markets go down!
Bull markets are great, but they breed complacency. Bear markets can be energizing. Instead of fretting over the decline in your net worth, think opportunistically about all those bargains - and the potential gains when, inevitably, a bull market returns.
This site uses cookies to ensure you get the best experience. More info...
Got it!