J. P. Morgan: Difference between revisions
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* When asked what the stock market will do: '''It will fluctuate''' |
* When asked what the stock market will do: '''It will fluctuate''' |
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** Quoted by [[Benjamin Graham]] in ''The Intelligent Investor'' (Collins Business, revised 2003), p. 54; which gives as source: |
** Quoted by [[Benjamin Graham]] in ''The Intelligent Investor'' (Collins Business, revised 2003), p. 54; which gives as source: |
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*** Jean Strouse, ''Morgan: American Financier'' (Random House, 1999), p.11 |
*** Jean Strouse, ''Morgan: American Financier'' (Random House, 1999), p. 11 |
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* I owe the public nothing. |
* I owe the public nothing. |
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Revision as of 03:42, 2 November 2014
John Pierpont Morgan (April 17, 1837 – March 31, 1913) was an American financier, banker, philanthropist and art collector who dominated corporate finance and industrial consolidation during his time.
Quotes
- When asked what the stock market will do: It will fluctuate
- Quoted by Benjamin Graham in The Intelligent Investor (Collins Business, revised 2003), p. 54; which gives as source:
- Jean Strouse, Morgan: American Financier (Random House, 1999), p. 11
- Quoted by Benjamin Graham in The Intelligent Investor (Collins Business, revised 2003), p. 54; which gives as source:
- I owe the public nothing.
- Quoted in the New York World (11 May 1901) during the Northern Pacific Corner. See Morgan: American Financier by Jean Strouse
- The first thing [in credit] is character … before money or anything else. Money cannot buy it.… A man I do not trust could not get money from me on all the bonds in Christendom. I think that is the fundamental basis of business.
- Testimony to the Pujo Committee (1912)
Attributed
- If you have to ask the price, you can't afford it.
- About purchasing a yacht; quoted in "Business Education World" (Gregg Publishing Company, 1961)
