Lamar Alexander Quotes

The stock market is people.

Of all the mysteries of the stock exchange there is none so impenetrable as why there should be a buyer for everyone who seeks to sell.

Companies are always being bought and sold. The markets are always moving; you have to be on top of your position. And in the U.S., the market is never closed for more than three days. The only time the market was ever closed was 9/11. I think it may have been closed the whole week.

It has become cheaper to look for oil on the floor of the New York Stock Exchange than in the ground.

Gentlemen. There is no man nor group of men who can buy all the stocks that the American public can sell.

You're dealing with a lot of silly people in the marketplace; it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.

The problem with most people who play the market is that they are not flexible.

I think every stock in the world is going to end up being a security token.

The Stock Market is designed to transfer money from the Active to the Patient.

In fact, of all hoodoos in Wall Street I think the resolve to induce the stock market to act as a fairy godmother is the busiest and most persistent.

A bull market is like sex. It feels best just before it ends.

Wall Street. - The abode of the Brokers and the Broke.

In the short run, the market is a voting machine, but in the long run it is a weighing machine.

But, as soon as speculators become an important influence in the market, their business is to speculate on each others behaviour.

Business has to have capital.I think Wall Street is a necessary ingredient of the global economy, you've just got to keep people realizing that helping clients is the most important thing, not helping yourself.

I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up.

In 1929 the discovery of the wonders of the geometric series struck Wall Street with a force comparable to the invention of the wheel.

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.

An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.

The theory is that if you take interest rates negative, people are going to say, "That's a silly game! I'm not going to lend my money to governments who want me to pay them. I am going to go into the stock market where I can get positive returns!"

Allowing short selling is allowing people to sell - instead of having to buy the stock and then sell it, which doesn't do much; allow them to sell it, and then buy it. In which case they can express that information and the idea is that you would get more accurate valuation of companies by letting people express both their positive information and their negative information through either long or short selling.

It's a question of prudence. Nobody has a high opinion of fishwives but who would dare offend them while walking through the fish market.

If stocks are attractive and you don't buy, you don't just look like an idiot, you are an idiot.

Stock prices aren't real things. They're just froth on a wave. The wave is the only real thing, which investors forget when they're watching the ticket slither by.

Incredibly, at this critical juncture in financial history, after which so much changed so quickly, the only constraint in the subprime mortgage market was a shortage of people willing to bet against it.