A Quote by Steve Hanke

Government buffer-stock schemes are rife with politics, and instead of generating profits from buying low and selling high, they tend to generate losses.

Steve Hanke

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Buffer Buying Generate Generating Government High Instead Losses Low Politics Profits Schemes Selling Stock Tend

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Steve Hanke
American - Economist
Born: December 29, 1942

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.

Franklin D. Roosevelt

One market paradigm that I take exception to is: Buy low and sell high. I believe far more money is made by buying high and selling at even higher prices.

Richard Driehaus

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?

David Einhorn

If stock market experts were so expert, they would be buying stock, not selling advice.

Norman Ralph Augustine

Many investors make the mistake of buying high and selling low while the exact opposite is the right strategy.

John Paulson

Many investors make the mistake of buying high and selling low while the exact opposite is the right strategy to outperform over the long term.

John Paulson

It turns out that Donald Trump has been very good at buying low and selling high, and it helps account for his amazing business success.

Lawrence Kudlow

I don't think anybody ever makes any money buying and selling stock. They have to make money by keeping the stock.

Donald Sultan

I am proud that my humble attempts to predict Tuesday's prices on Monday are an indispensable component of our society. By buying low and selling high, I create harmony and freedom.

Victor Niederhoffer

We think of prices as simply the notation of how much we must pay for things. But the price system accomplishes far more than that. Hundreds of millions of people buying and selling, and abstaining from buying and selling, generate a system of signals - prices to producers and consumers about relative scarcities and demand. Through this system, consumers can convey to producers their subjective priorities and entrepreneurs can invest accordingly.

Sheldon Richman

There's only one thing that all of the central banks control and that is the base, their own liability, and they can control that in various ways. They can control it directly by open market operations, buying and selling government securities or other assets, for example, buying and selling gold, or they can control it indirectly by altering the rate at which banks lend to one another.

Milton Friedman

Fortunes are made by buying low and selling too soon.

Nathan Rothschild, 1st Baron Rothschild

The activists play the balance sheet by selling a division to buy back stock and leveraging the balance sheet and buying back more stock.

Nelson Peltz

People nowadays interchange gifts and favors out of friendship, but buying and selling is considered absolutely inconsistent with the mutual benevolence which should prevail between citizens and the sense of community of interest which supports our social system. According to our ideas, buying and selling is essentially anti-social in all its tendencies. It is an education in self-seeking at the expense of others, and no society whose citizens are trained in such a school can possibly rise above a very low grade of civilization

Edward Bellamy

There are a few investment managers, of course, who are very good - though in the short run, it's difficult to determine whether a great record is due to luck or talent. Most advisors, however, are far better at generating high fees than they are at generating high returns. In truth, their core competence is salesmanship. Rather than listen to their siren songs, investors - large and small - should instead read Jack Bogle's The Little Book of Common Sense Investing.

Warren Buffett

Businessmen should not put their finger in politics, because they tend to think only of their own self-interest. But I worry about the low morale in Italian industry and the lack of government initiatives to help the poor.

Diego Della Valle

A Quote by Steve Hanke

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