Jane Bryant Quinn Quotes
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.
Quinn, Jane Bryant. Making the Most of Your Money. Simon & Schuster, 1991.
Jobs led Apple when it became the technology company with the largest stock market valuation ever, yet he freely admitted that he did bit understand the market. He just ran a great company which produced wonderful, innovative products and paid relatively little attention to the stock market and Wall Street.
He distressed most of the other stock brokers on Wall Street by pointing out that if brokers were so smart, why would they not want to buy the stock for themselves rather than sell it to you. Therefore, he generally concluded that the best stocks are bought by the brokers and bankers for their own accounts, and the lesser quality shares are sold to the public.
Jane Bryant Quinn is an American financial journalist. She is one of the nation's leading commentators on personal finance. Her policy columns have addressed matters of top concern to citizens, including investor protection, health insurance, Social Security, and the sufficiency of retirement plans.