A Quote by Washington Irving
Speculation is the romance of trade, and casts contempt upon on all its sober realities. It renders the stock-jobber a magician, and the exchange a region of enchantment.
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The occupation of the stock-jobber yields no new or useful product; consequently having no product of his own to give in exchange, he has no revenue to subsist upon, but what he contrives to make out of the unskilfulness or ill-fortune of gamesters like himself.
Trading is a small part of the work of the stock exchanges. They are really to do with financial speculation, and they speculate on the value of the yen, the dollar, the pound, the franc, or the euro, at any given time. Billions are lost and billions are made by this speculation, and that's what the stock exchanges are about. They are for greedy minds.
Fear and hope remain the same; therefore the study of the psychology of speculators is as valuable as it ever was. Weapons change, but strategy remains strategy, on the New York Stock Exchange as on the battlefield. I think the clearest summing up of the whole thing was expressed by Thomas F. Woodlock when he declared: “The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.”
It is time for Iran and other stakeholders to begin to address the causes of tension in the wider Persian Gulf region. We need a sober assessment of the complex and intertwined realities here and consistent policies to deal with them. The fight against terror is a case in point.
If you prefer illusions to realities, it is only because all decent realities have eluded you and left you in the lurch; or else your contempt for the world is mere hypocrisy and funk.
I know that some endeavor to throw the mantle of romance over the subject and treat woman like some ideal existence, not liable to the ills of life. Let those deal in fancy who have nothing better to deal in; we have to do with sober, sad realities, with stubborn facts.
Enchantment is the purest form of sales. Enchantment is all about changing people's hearts, minds and actions because you provide them a vision or a way to do things better. The difference between enchantment and simple sales is that with enchantment you have the other person's best interests at heart, too.
ROMANCE, n. Fiction that owes no allegiance to the God of Things as They Are. In the novel the writer's thought is tethered to probability, but in romance it ranges at will over the entire region of the imagination . . .
We invite American companies looking to raise capital to list on the Bahrain Stock Exchange. The region has a liquidity oversupply approximating $1 trillion and this pool of capital can be tapped into by creative American companies. The next Facebook may very well get funded on the BSE.
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 .
We also exchange oil for software technology. Uruguay is one of the biggest producers of software. We are breaking with the neoliberal model. We do not believe in free trade. We believe in fair trade and exchange, not competition but cooperation. I'm not giving away oil for free. Just using oil, first to benefit our people, to relieve poverty.
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.
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.
Given that trade benefited the Asian economies on the way up, it seems natural that the slowdown in global trade, whatever its causes, could lead to some loss of dynamism and growth in the region.
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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