Studs Terkel Quotes

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.

One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.

Anybody who plays the stock market not as an insider is like a man buying cows in the moonlight.

I'm involved in the stock market, which is fun and, sometimes, very painful.

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

I heard that you did not have a judge to interview this month in the Bulletin, so I thought I'd help out. Besides, with the Stock Market tanking recently, it reminded me of the good old days.

You can't manage Wall Street. Wall Street has its own viewpoints on everything. I have always believed, if you manage your business correctly, Wall Street will take care of itself.

Obviously, no one knows when the market is going to bottom out, and I am certainly not an economist.

It seemed glamorous when I used to go into work and get to be on a trading floor or see how the business worked a little bit before I ever understood what it was.

I think the value of venues like CNBC is that they give investors an opportunity to reevaluate the situation minute by minute, but maybe we don't need to follow the market so closely.

The techniques I developed for studying turbulence, like weather, also apply to the stock market.

I love the competitive part of stocks. A lot of fear and greed, that's all it is. All I see is green and red.

Fundamentals make the market.

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.

Predicting the market is always tough.

To this day, I'm a slave to CNBC.

I'm watching the charts every week and hoping something will pop into my head.

The institutional investor remains the bigger influence on individual trades simply because the institutional investor has more money to support the order and that will have more of an impact on the stock.

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

Trading is very competitive and you have to be able to handle getting your butt kicked.

I always tell my traders that they would've loved the 1990s because it was a fairly easy time to make money.

Thanks, Mr. President. Nobody has complimented the stock exchange for a long while.

The best way to make money on Wall Street is to sell the most sophisticated [and complex] products to the most unsophisticated clients.

We feel that fundamentally Wall Street is sound, and that for people who can afford to pay for them outright, good stocks are cheap at these prices

I don’t know why the Stock Market does what it does.