When The Outlook Is Steeped

Nothing Did More To Spur The Boom In Stocks Than The Decision Made By The New York Federal Reserve Bank, In The Spring Of 1927, To Cut The Rediscount Rate. Benjamin Strong, Governor Of The Bank, Was Chief Advocate Of This Unwise Measure, Which Was Taken Largely At The Behest Of Montagu Norman Of The Bank Of England....at The Time Of The Banks Action I Warned Of Its Consequences....i Felt That Sooner Or Later The Market Had To Break.

You Can Overcome Anything If You Don't Bellyache.

Our Problem In Money-making Or Government Affairs Is How To Remain Properly Venturesome And Experimental Without Making Fools Of Ourselves.

The Longer I Operated On Wall Street The More Distrustful I Became Of Tips And Inside Information Of Every Kind. Given Time, I Believe That Inside Information Can Break The Bank Of England

You Don't Have To Blow Out The Other Person's Light To Let Your Own Shine.