78 Quotes About Wall-street

The only reason to save money is to invest it.

Millions wish for financial freedom, but only those that make it a priority have millions.

If your portfolio is made up of the investments that you have made in the lives of people, you will have amassed a wealth so vast that all the portfolios that will ever float the trading floor on Wall Street would, by comparison, be reckoned as nothing. And if by chance we dared to live by this truth, we would in fact would love like none other.

Imagine the big rating agencies as three competitive saloons standing side by side, with each free to set its own drinking age. Before long, nine-year-olds would be downing bourbon

The only inexplicable aspect of the process was that economic theory (which is, after all, what economics students were supposed to know) served almost no function in an investment bank. The bankers used economics as a sort of standardized test of general intelligence.

The markets in the long run are no doubt driven by fundamental economic laws—if the United States runs a persistent trade deficit, the dollar will eventually plummet—but in the short run money flows less rationally. Fear and, to a lesser extent, greed are what make money move.

I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.

In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.

Listen in close, Wall Street Conquistadors, you’re spreading like vapor up through people’s floors, you’re moving en masse under the cracks of our doors and grabbing our children to work in your stores, feeding the needy to make them your whores, but you need to remember the grave you’re digging is yours.