A Quote by Owen King

The stock market is for people who live in Manhattan and summer in the Hamptons, for people who can afford fancy cars - a Mercedes, say.

Owen King

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Afford Fancy Fancy Cars Hamptons Live Manhattan Market Mercedes People Say Stock Stock Market Summer

Quote Author

Owen King
American - Author
Born: February 21, 1977

The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you want to put it in the stock market?" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick.

Michael Hudson

I've lived most of my life in Manhattan, but as close as Brooklyn is to Manhattan, there are people who live there who have been to Manhattan maybe once or twice.

Ellen Burstyn

The stock market can be down, but the stock market is not an indication of where people's spirits and enthusiam are, and where their intellectual energy is.

James Daly

I think there are a lot of people out there that are speculating in the stock market. They have all kinds of tech stocks or social media stocks. If you want to gamble in the stock market, I would much rather gamble on a mining stock than a social media stock.

Peter Schiff

I know I still had to take money from my parents, because no one can afford to live in Manhattan, not even the rich people.

Drew Magary

Where I live in Manhattan and where I work at ABC, people say conservative the way people say child molester.

John Stossel

Apple's market share is bigger than BMW's or Mercedes's or Porsche's in the automotive market. What's wrong with being BMW or Mercedes?

Steve Jobs

The correct attitude of the security analyst toward the stock market might well be that of a man toward his wife. He shouldn't pay too much attention to what the lady says, but he can't afford to ignore it entirely. That is pretty much the position that most of us find ourselves vis-à-vis the stock market.

Benjamin Graham

Whenever you try to pick market tops and bottoms, you are making a prediction. Guessing what stock is going to outperform the market is forecasting, as is selling a stock for no apparent reason. Indeed, nearly all capital decisions made by most people are unconscious predictions.

Barry Ritholtz

The worst thing people ever say is that 'I can't afford to have kids!' It's selfish, and what infuriates me is when people say they can't do stuff they like go on holidays and buy cars when they have kids. You can - you find the money, you've just got to work harder for it.

Tamer Hassan

Well, first of all, I grew up in New York City, going to first a public school, then a private school, and when I got to the private school in Manhattan, I learned of what we called 'The Promised Land,' which are the Hamptons. I've always had an affinity for the Hamptons.

Mark Feuerstein

There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which] gives you an entirely different view than most people who are in the market. [The second principle is the margin-of-safety concept, which] gives you the competitive advantage. [The third is having a true investor's attitude toward the stock market, which] if you have that attitude, you start out ahead of 99 percent of all the people who are operating in the stock market - it's an enormous advantage.

Warren Buffett

I eventually wanted to do Stock Cars, because it was my dream as a child, after I have done Europe, I have always liked to see the Stock Cars.

Rubens Barrichello

Speculators are obsessed with predicting: guessing the direction of stock prices. Every morning on cable television, every afternoon on the stock market report, every weekend in Barron's, every week in dozens of market newsletters, and whenever business people get together. In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a purely speculative undertaking.

Seth Klarman

When the weather changes and hurricanes hit, nobody believes that the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed. It's the same stock market with the same mechanisms and the same people.

Benoit Mandelbrot

People born in Queens, raised to say that each morning they get on the subway and "go to the city," have a resentment of Manhattan, of the swiftness of its life and success of the people who live there.

Jimmy Breslin

A Quote by Owen King

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