Brokerage Quotes

I could see, in the haze to the north, the tall stacks of the mighty Borden phosphate and fertilizer plant in Bradenton, spewing lethal fluorine and sulphuric-acid components into the vacation sky. In the immediate area it is known bitterly as the place where Elsie the Cow coughed herself to death. I have read where it had been given yet another two years to correct its massive and dangerous pollution. Big Borden must have directors somewhere. Maybe, like the Penn Central directors, they are going to sit on their respective docile asses until the roof falls in. There are but two choices. Either they know they condone poisoning and don't give a damn, or they don't know they condone poisoning and don't give a damn. Anybody can walk into any brokerage office and be told where to look to find a complete list of the names of the directors and where they live. Drop the fellows a line, huh? ~ John D. MacDonald

There are no absolutes in this world, and there will always be mistakes that are made within brokerage firms; there will always be people who set out to deceive the regulators and even deceive their own senior management. ~ Mary Schapiro

An investment in knowledge pays the best interest. ~ Benjamin Franklin

As a customer's man, his best brokerage work was securing the old age of his clients: time for them to do what they wished. ~ Edward Hoagland

1. Bangladesh.... In 1971 ... Kissinger overrode all advice in order to support the Pakistani generals in both their civilian massacre policy in East Bengal and their armed attack on India from West Pakistan.... This led to a moral and political catastrophe the effects of which are still sorely felt. Kissinger's undisclosed reason for the 'tilt' was the supposed but never materialised 'brokerage' offered by the dictator Yahya Khan in the course of secret diplomacy between Nixon and China.... Of the new state of Bangladesh, Kissinger remarked coldly that it was 'a basket case' before turning his unsolicited expertise elsewhere. ~ William M. Arkin

The lower spreads mean lower costs for investors, because Nasdaq investors generally do not trade directly with one another. Instead, they usually buy and sell from market-makers, brokerage firms that flip shares between buyers and sellers and keep the spread for themselves. ~ Alex Berenson

Advertising is a racket, like the movies and the brokerage business. You cannot be honest without admitting that its constructive contribution to humanity is exactly minus zero. ~ F Scott Fitzgerald

He reproached his wife with her inattention, her habitual neglect of the children. If it was not a mother's place to look after children, whose on earth was it? He himself had his hands full with his brokerage business. ~ Kate Chopin

The CIA is made up of boys whose families sent them to Princeton but wouldn't let them into the family brokerage business. ~ Lyndon B. Johnson

In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms. ~ Ron Chernow

There seems to be an unalterable contradiction between the human mind and its employments. How can a soul be a merchant? What relation to an immortal being have the price of linseed, the brokerage on hemp? Can an undying creature debit petty expenses and charge for carriage paid? The soul ties its shoes; the mind washes its hands in a basin. All is incongruous. ~ Walter Bagehot

In the 1990s, the ratio of buy to sell recommendations climbed to 100 to 1, particularly for brokerage firms with large investment banking businesses. ~ Burton G. Malkiel

Today, you have the option to invest through a discount brokerage account, a mutual fund account, a full-service brokerage account, or even a bank account. ~ Alex H. Frey

In science, all important ideas need names and stories to fix them in the memory. It occurred to me that the market's first wild trait, abrupt change or discontinuity, is prefigured in the Bible tale of Noah. As Genesis relates, in Noah's six hundredth year God ordered the Great Flood to purify a wicked world. Then "were all the fountains of the great deep broken up, and the windows of heaven were opened." Noah survived, of course: He prepared against the coming flood by building a ship strong enough to withstand it. The flood came and went-catastrophic, but transient. Market crashes are like that. The 29.2 percent collapse of October 19, 1987, arrived without warning or convincing reason; and at the time, it seemed like the end of the financial world. Smaller squalls strike more often, with more localized effect. In fact, a hierarchy of turbulence, a pattern that scales up and down with time, governs this bad financial weather. At times, even a great bank or brokerage house can seem like a little boat in a big storm. ~ Benoit B Mandelbrot

The growth stock theory of investing requires patience, but is less stressful than trading, generally has less risk, and reduces brokerage commissions and income taxes. ~ Thomas Rowe Price, Jr.

It can be argued that the U.S. brokerage and investment banking industry has transformed the modern American stock market into nothing more than a mechanism for transferring wealth from shareholders to management. ~ Peter Schiff

I inherited from my father and still nourish the notion that Republicans are those who have acquired enough money, often by inheritance and blind luck, to entertain the opinion that their fellow citizens should work harder and be more grateful to the moneyed class while they refrain from work themselves and sit in clean rooms with folded soft hands examining their bank statements and brokerage reports. ~ Bill Holm

At nineteen I was pretty sure I was going to be a professional soccer player. At that time I played for one of the Norwegian premier leagues. But I tore ligaments in both knees, so I started studying business administration and economics and became a financial analyst, and I worked at a brokerage firm as a stockbroker. ~ Jo Nesbo

My retirement nest egg scrambled
My commodity options were called --
Pork went belly up; coffee peaked
then crashed
My home was foreclosed
My car repossessed
My brokerage house went bankrupt
My bank was nationalized
God, I need a drink
I'm fucking spent! ~ Beryl Dov

At Travelers, we were much more opportunistic. It was very successful, but it wasn't an integrated financial services company. We had a property casualty company, a life company, a brokerage company. We were a financial conglomerate. It wasn't a unified, coordinated strategy of any sort. When it merged with Citi, that became a big issue; Citi, at that time, wasn't yet a fully integrated, coordinated company. ~ Jamie Dimon

Brokerage firms and their executives cannot use threats regarding research activities as a way to obtain investment banking business. The threat to drop research coverage if Piper were not selected as the lead underwriter for a secondary offering was totally inappropriate and undermines the integrity of the market. ~ Mary Schapiro