Quotes About Speculators

Wall Street has become a veritable casino.

In the 1920s, Wall Street was a world that was really dominated by professional speculators and stock pools. These people had a monopoly over information.

If a lot of money goes into the stock market, it'll push up prices, making money for stock speculators. Then the insiders can decide that it's time to sell out, and the market will plunge.

Speculators always present opportunities for genuine investors to -- pick under-priced stocks, and- exit over-priced

The speculators deadly enemies are: Ignorance, greed, fear and hope. All the statute books in the world and all the rules of all the Exchanges on earth cannot eliminate these from the human animal.

Speculators buy the trend; investors are in for the long haul; they are a different breed of cats. One reason that people lose money today is that they have lost sight of this distinction; they profess to have the long term in mind and yet cannot resist following where the hot money has led.

Fear and hope remain the same; therefore the study of the psychology of speculators is as valuable as it ever was. Weapons change, but strategy remains strategy, on the New York Stock Exchange as on the battlefield. I think the clearest summing up of the whole thing was expressed by Thomas F. Woodlock when he declared: The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.

When you look at a commodities market you need hedgers and speculators. If you don't have one, you don't have a market. That's how it works.

Jefferson) was deeply suspicious of Hamilton's assumption plan (by which the nation would assume responsibility for the states' individual war debts.) He feared this was yet another example of the avaricious hand of the unscrupulous money powers, the sprawling, hydra-headed creature associated with banks, stock markets and devious speculators, especially in New York, Boston, and the City of London, not to mention unrepublican, unAmerican attitudes of all kinds - everything he despised.

The full cycle went like this: when a neighborhood first integrated, property values increased because of African Americans' need to pay higher prices for homes than whites. But then property values fell once speculators had panicked enough white homeowners into selling at deep discounts.

Denver, 1961. When a few African Americans moved to a middle-class white neighborhood, speculators panicked white homeowners into selling at a deep discount.

Hamilton had championed a humane, enlightened policy toward the Indians. When real-estate speculators had wanted to banish them from western New York, he warned Governor Clinton that the Indians' friendship "alone can keep our frontiers in peace. . . . The attempt at the total expulsion of so desultory a people is as chimerical as it would be pernicious.

We were beginning to prosper and I felt very uneasy at my name being linked up with these speculators.

This was a corner, a bloody trap for speculators.

If we want to revive and achieve the American Dream, we need to change a situation in which the people whose hard work makes this country run cannot earn a living wage, while bankers, speculators, and corporate elites - the real 'takers' in today's society - skim off far more than their fair share.

Washington and the other founders of the United States designed a governmental and economic structure to serve the private property interests of each and all of the primary actors, nearly all of them slavers and land speculators.

Value investors should completely exit a security by the time it reaches full value; owning overvalued securities is the realm of speculators.

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.

Despite the deep reforms we are making, traders and speculators have forced interest rates on Greek bonds to record highs.

Macri only wooed hot money, carry traders and speculators. He is the only responsible person for the hardship Argentina is going through.

When speculators have once entered Wall Street, they never leave it except in a pine box or a rosewood case, according to circumstances.

Stock speculators are always doing that and are always working themselves into frenzies over it. Such a frenzy can cloud one's judgment to a hazardous degree.

Hence the greater part of the impressive market record for that period was based on a change in investors' and speculators' attitudes rather than in underlying corporate values.

In the last 20 years the "profitable reinvestment" theory has been gaining ground. The better the past record of growth, the readier investors and speculators have become to accept a low-pay-out policy. So much is this true that in many cases of growth favorites the dividend rate—or even the absence of any dividend—has seemed to have virtually no effect on the market price.