Quotes About Investment

Though he owned 27.4 percent of Standard Oil stock—three times the amount held by Flagler, the next largest shareholder

By giving small stakes in United to William H. Vanderbilt of the New York Central and Amasa Stone of the Lake Shore, Rockefeller tightened his grip over friendly railroads.

He wanted payment in bonds, not watered stock. When

John loaned Frank the money to purchase the other half, keeping the mining stock as collateral.

With Peabody gone, he urgently needed to replenish his capital base

From Vanderbilt, Morgan had learned the trick of basing value not on current assets but on projected earnings.

He offered to pay Corrigan $168 or $169 per share for his 2,500 shares of Standard Oil, which would yield enough to retire his $400,000 in debt.

Led by Gates, these subordinates guaranteed that the Rockefeller millions were donated or invested scrupulously.

That is, the man who would be rich must be thrifty.

Instead of floating bond issues alone, the banks pooled their capital to share the risk of underwriting.

and Junius desperately bought them to prop up the price, nearly wiping himself out.

he was betting the future of his firm on one roll of the dice.

He was receiving about $3 million yearly in Standard Oil dividends (more than $50 million in 1996 dollars) and redirecting that into a vast portfolio of outside investments that made him a one-man holding company.

With $24 million now invested outside the oil and gas business, he held sizable stakes in 16 railroad companies, 9 real-estate firms, 6 steel companies, 6 steamship companies, 9 banks and financial houses, and even 2 orange groves.

If education depended upon healthy tax rolls, then they would lift the entire tax base of the South.

Of the 35,000 Standard shares, Rockefeller held nearly 9,000, or three times the amount of Flagler, Harkness, Pratt, or Payne.)

They loaned out so much against stocks and bonds that by October 1907 as much as half the bank loans in New York were backed by securities as collateral—an extremely shaky base for the system.

A great business investment, religion. I'll take it over government bonds anytime.

The Bureau of Indian Affairs, without Indigenous peoples' consent, invested Indigenous funds in railroad companies and various municipal and state bonds. For instance, the Cherokee national fund and the Muskogee Creek Orphan Fund were so invested. Indigenous leaders were well aware of these practices but were powerless to stop them.

What was it that Nog was always quoting, one of Vic Fontaine's colloquialisms . . . in for the penny, in for the pound? Ro

Parents are impelled by the profit motive - nothing more, nothing less. For their attentions, they expected, from me, the immense dividend of greatness.

My policy was just to give good things for sports in my region.

The strength in gold is revealing the general weakness in the dollar.

I want to really stress this, I am a director, an actor, producer, action choreographer, and I'm also an investor.