A Quote by Thomas W. Lamont
There has been a little distress selling on the stock exchange.
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Buying and selling securities on the Stock Exchange do not start new industries. Big business never starts anything new. It merely absorbs, consolidates and profits at the expense of others.
In my business investing, you are buying a stock, and someone else is selling the stock. Right there, that's like a debate. Is the stock going up, or is it going to go down?
Some people who don't like guns can't stand the idea of so many gun owners in one place (at gun shows) buying and selling their wicked products. It's how some communists feel when they visit the New York Stock Exchange.
If stock market experts were so expert, they would be buying stock, not selling advice.
If you have information that a company is not as good as its stock market valuation, you don't have a way to sell that stock unless you already own it. And so that information doesn't get incorporated in the company's stock price as fast if you don't allow short selling.
I was working in financing. I was buying and selling stocks for a market-maker on the options floor at the Pacific Stock Exchange. He took me under his wing and was training me to take over his accounts. That's the career I had embarked on, at the time.
Selling real estate isn't like selling stock.
The national debt has given rise to joint stock companies, to dealings in negotiable effects of all kinds, and to agiotage , in a word to stock-exchange gambling and the modern bankocracy .
Little-known fact: When the stock exchange closes, the guy who comes out on the balcony with that big hammer slams it on the head of the person who lost the most money that day.
The National Stock Exchange was strongly opposed by Bombay stockbrokers and captains of industry. I thought some competition is good. The exchange has given a very good account of itself.
I don't think anybody ever makes any money buying and selling stock. They have to make money by keeping the stock.
If I own stock in your company and you move offshore for tax reasons I'm selling your stock. There are enough investment choices here.
From coast to coast, the FBI and Securities and Exchange Commission have ensnared people not only at hedge funds, but at technology and pharmaceutical companies, consulting and law firms, government agencies, and even a major stock exchange.
To be honest, I've never invested in the stock market. My grandmother used to warn us against the stock exchange. My grandfather had lost a lot money in the share market. We are a working class family.
The freedom to make a fortune on the stock exchange has been made to sound more alluring than freedom of speech.
In college I started studying the stock market. I went down to the stock exchange, watched all the activity from the visitors' gallery, people running around, calling numbers, shouting, and all the paper flying and the bells ringing, and of course that was exciting, and it seemed to lend itself to my analytical skills.
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