Joseph Schumpeter Quotes

The stock market is the world’s largest Oujie Board.

The stock market is a discounter of all known information.

Markets love volatility.

I loved working on Wall Street. I loved the meritocracy of it and the camaraderie of the trading floor.

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

I made a killing on Wall Street a few years ago...I shot my broker.

While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster

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

My father dealt in stocks and shares and my mother also had a lot of time on her hands.

I think that stocks have been this tremendous, tremendous equalizer for people in this country. Guys who can't make a lot of money at their jobs have been able to make a lot of money in the stock market.

Financial institutions like to call what they do trading. Let's be honest. It's not trading; it's betting.

At the end of the day, the markets are my passion.

Profits on the exchange are the treasures of goblins.

I've always wanted to invest. That's why I started working on Wall Street in the first place, back in 1986 when I went through the Salomon Brothers training program.

If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all.

Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street.

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

The Wall Street crash doesn't mean that there will be any general or serious business depression... For six years American business has been diverting a substantial part of its attention, its energies and its resources on the speculative game... Now that irrelevant, alien and hazardous adventure is over. Business has come home again, back to its job, providentially unscathed, sound in wind and limb, financially stronger than ever before.

Buying securities is usually easier than selling securities.

Who owns the future? This is the question at the heart of every stock market.

The markets are the world's greatest Rubik's cube. And I love solving puzzles.

Most stocks bought and sold on Wall Street are held in what's called 'street name.'

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.

Television series are like the stock market. There's room for bears and bulls but no room for pigs.

People who invest make money for themselves; people who speculate make money for their brokers. And that, in turn, is why Wall Street perennially downplays the durable virtues of investing and hypes the gaudy appeal of speculation.