Stock Market Crash Quotes

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem. ~ Ben Bernanke

Some calamities - the 1929 stock market crash, Pearl Harbor, 9/11 - have come like summer lightning, as bolts from the blue. The looming crisis of America's Ponzi entitlement structure is different. Driven by the demographics of an aging population, its causes, timing and scope are known. ~ George Will

The stock market crash in October 1929 didn't destroy a particularly large amount of wealth or make people highly pessimistic. Rather, it made companies and consumers very unsure about future income, and so led them to stop spending as they waited for more information. ~ Christina Romer

In the 1987 stock market crash, according to the conclusions of the official Brady report, colossal sales of stock index futures by so-called portfolio insurers - whose investment strategies depended entirely on these derivatives - greatly exacerbated the 500-point market decline. ~ Carol Loomis

...Laying blame for the global financial crisis on any single individual, let alone on an eighty-three year old man, seems as ethically flawed as some of the broader moral failures permeating society in the lead-up to the crisis. ~ Jeremy Balkin

If there was a day of the week I could skip it would be Monday. Clients had too much time to think and worry over a long weekend and by Monday they were often riddled with fear and anxiety. ~ Stan Turner

Trump only cares how the covid-19 pandemic affects him, his bank account, and his chances of getting re-elected. ~ Oliver Markus Malloy

In the 1920s, he decided that it was cheaper to drill for oil than to buy the overvalued shares of other oil companies. After the 1929 stock market crash, he completely changed tack; he saw that oil shares were selling at a great discount to assets, and he turned to prospecting for oil on the floor of the stock exchange - in ~ Daniel Yergin

When my book 'Rich Dad's Prophecy' was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock market crash. ~ Robert Kiyosaki

I was having dinner…in London…when eventually he got, as the Europeans always do, to the part about "Your country's never been invaded." And so I said, "Let me tell you who those bad guys are. They're us. WE BE BAD. We're the baddest-assed sons of bitches that ever jogged in Reeboks. We're three-quarters grizzly bear and two-thirds car wreck and descended from a stock market crash on our mother's side. You take your Germany, France, and Spain, roll them all together and it wouldn't give us room to park our cars. We're the big boys, Jack, the original, giant, economy-sized, new and improved butt kickers of all time. When we snort coke in Houston, people lose their hats in Cap d'Antibes. And we've got an American Express card credit limit higher than your piss-ant metric numbers go. You say our country's never been invaded? You're right, little buddy. Because I'd like to see the needle-dicked foreigners who'd have the guts to try. We drink napalm to get our hearts started in the morning. A rape and a mugging is our way of saying 'Cheerio.' Hell can't hold our sock-hops.
We walk taller, talk louder, spit further, fuck longer and buy more things than you know the names of. I'd rather be a junkie in a New York City jail than king, queen, and jack of all Europeans. We eat little countries like this for breakfast and shit them out before lunch. ~ P.J. O'Rourke

The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers. ~ Ben Bernanke

But you just watch, little girl. I'm goin' to show 'em. In five years they'll come crawlin' to me on their bellies. I don't know what it is, but I got a kind of feel for the big money. ~ John Dos Passos

After the stock market crash, some New York editors suggested that hearings be held: what had really caused the Depression? They were held in Washington. In retrospect, they make the finest comic reading. The leading industrialists and bankers testified. They hadn't the foggiest notion what had gone bad. You read a transcript of that record today with amazement: that they could be so unaware. This was their business, yet they didn't understand the operation of the economy. The only good witnesses were the college professors, who enjoyed a bad reputation in those years. No professor was supposed to know anything practical about the economy. ~ Studs Terkel

Keeping your ear to the ground in the Markets is a sound investment. ~ Amah Lambert

The shadow and flutter of Constant's helicopter settling to the heliport seemed to many of the people below to be like the shadow and flutter of the Bright Angel of Death. It seemed that way because of the stock-market crash, because money and jobs were so scarce - And it seemed especially that way to them because the things that had crashed the hardest, that had pulled everything down with them, were the enterprises of Malachi Constant. ~ Kurt Vonnegut

The widely mis-interpreted 1998 'meltdown' of East Asia was a financial symptom of the renewed reality: In fact, it was the first round the world recession again to begin in East Asia and spread from there to the West, instead of vice versa. That marked the beginnings of the return back 360 degrees around the world of the world economic center to Asia where it had always been before those two eighty-year period of temporary Western ascendance. The stock market crash in Hong Kong and the devaluation of the Thai baht and the Indonesian rupia took only 80 seconds to make themselves felt in the London City and on New York's Wall Street. How much of a cultural lag do we still need for popular perception and social theory to catch up with global reality? ~ Andre Gunder Frank

Alas, in 1929 came the Stock Market crash and everything changed and became worrisome. People started practicing conservatism because of financial losses, myself included. ~ Pola Negri

After 1929, so many people had been traumatized by the stock market crash that there was a lost generation. ~ Ron Chernow

I was lucky enough to see with my own eyes the recent stock-market crash, where they lost several million dollars, a rabble of dead money that went sliding off into the sea. ~ Federico Garcia Lorca

From early Colonial days, sex life in America had been based on the custom of men supporting women. That situation reached its heyday in the Twenties when it was easy for any dabbler in stocks to flaunt his manhood by lavishing an unearned income on girls. But with the stock-market crash, men were hard put even to keep their wives, let alone spend money on sex outside the home. The adjustment was much easier on women than on men, who jumped out of windows in droves, whereas I can't recall a single headline that read: KEPT GIRL LEAPS FROM LOVE NEST. ~ Anita Loos

One way for investors to protect themselves from a rapid change in the price of a stock is to use a limit order rather than a market order. ~ Arthur Levitt

John Law's life and his Mississippi Scheme had followed an identical arc of trajectory. Law had been both the maker and breaker of the Mississippi Scheme just as the Mississippi Scheme had been both the maker and breaker of Law. ~ Gavin John Adams

Senior managers at the Royal Bank of Canada were now arguing that the bank should create a Canadian dark pool, route their Canadian customers' stock market orders into it, and then sell to high-frequency traders the right to operate inside the dark pool. Brad thought that it made a lot more sense for RBC simply to expose the new game for what it was, and perhaps establish themselves as the only broker on Wall Street not conspiring to screw investors. "The only card left to play was honesty," as Rob Park put it. ~ Michael Lewis

The stock market is like a small row boat on a rough sea, bouncing around as it drifts, whereas the macro economy is like a large ocean liner, very ponderous and difficult to maneuver but without such a rough journey. ~ Clive Granger

[In picking stocks] You really have to know a lot about business. You have to know a lot about competitive advantage. You have to know a lot about the maintainability of competitive advantage. You have to have a mind that quantifies things in terms of value. And you have to be able to compare those values with other values available in the stock market. ~ Charlie Munger

They said the stock market crashed, or something, but since I'm deaf I didn't hear it (ha-ha). ~ Stephen King

I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership. ~ Warren Buffett

Speculative stock movements are carried too far in both directions, frequently in the general market and at all times in at least some of the individual issues. ~ Benjamin Graham

The techniques I developed for studying turbulence, like weather, also apply to the stock market. ~ Benoit Mandelbrot

A lot of the money in the stock market is really our national retirement plan, for better or worse. ~ Ron Chernow

The stock market has always had its own meter. Sometimes it's ahead of itself, sometimes it's behind itself. A broken watch is right twice a day. ~ Steve Ballmer

We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment. ~ Nassim Nicholas Taleb

The chief function of stock-market forecasters is to make astrologers look respectable. ~ Jane Bryant Quinn

The process by which one accumulates money is so simple, yet so hard to implement for most. ~ Yvan Byeajee

Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor's tool kit. ~ Warren Buffett

It's no laughing matter being a Republican in these perilous times. Anyone can be a Republican when the stock market is up, but when stocks are selling for no more than they're worth, I tell you, being a Republican - it's a sacrifice. ~ Will Rogers

The tools and resources used in this book are FREE and readily available on the internet. Details on how to access these tools are shown. ~ Debabrata (David) Das

It seems to me that today, if the artist wishes to be serious - to cut out a little original niche for himself, or at least preserve his own innocence of personality - he must once more sink himself in solitude. There is too much talk and gossip; pictures are apparently made, like stock-market prices, by competition of people eager for profit; in order to do anything at all we need (so to speak) the wit and ideas of our neighbors as much as the businessmen need the funds of others to win on the market. All this traffic sharpens our intelligence and falsifies our judgment. ~ Edgar Degas

We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children. ~ Warren Buffett

An interesting thing happened in 1989, right as I was graduating: the stock market crashed and really changed the landscape of the art world in New York. It made the kind of work I was doing interesting to galleries that wouldn't have normally been interested in it. ~ Matthew Barney

Trading doesn't just reveal your character, it also builds it if you stay in the game long enough. ~ Yvan Byeajee

There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. ~ Jesse Lauriston Livermore

I hate weekends because there is no stock market. ~ Rene Rivkin

Predictions are predictions. If you could predict the stock market, you would be super rich. But I have to race the race. It doesn't matter what I've done over the last few years. I have to race at the Olympics. ~ Mark De Jonge

But whatever the consensus on the EMH, I know of no serious academic, professional money manager, trained security analyst, or intelligent individual investor who would disagree with the thrust of EMH: The stock market itself is a demanding taskmaster. It sets a high hurdle that few investors can leap. ~ John C. Bogle

When we took Netscape public, if people wanted to invest in the web, that was the only stock that they could do it by investing in. So Netscape's market value was higher than it probably otherwise would have been if there were lots of other ways to play that theme. ~ Frank Quattrone

I will never be in the stock market. It's just gambling. I'm a gambler, but I'll gamble on the practicality of things. ~ Jeremy Renner

Zimbabwe's stock market was the best performer this decade - but your entire portfolio now buys you 3 eggs ~ Kyle Bass

Years later, when they were killed in a car crash on the Farm to Market Road, and the Nell-that-never-lived died with them, Olena, numbly rearranging the letters of her own name on the envelopes of the sympathy cards she received, discovered what the letters spelled: Olena; Alone. ~ Lorrie Moore

It is not by means of a metaphor that a banking or stock-market transaction, a claim, a coupon, a credit, is able to arouse people who are not necessarily bankers. And what about the effects of money that grows, money that produces more money? There are socioeconomic "complexes" that are also veritable complexes of the unconscious, and that communicate a voluptuous wave from the top to the bottom of their hierarchy (the military-industrial complex). And ideology, Oedipus, and the phallus have nothing to do with this, because they depend on it rather than being its impetus. For it is a matter of flows, of stocks, of breaks in and fluctuations of flows; desire is present wherever something flows and runs, carrying along with it interested subjects - but also drunken or slumbering subjects - toward lethal destinations. ~ Gilles Deleuze

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception. ~ George Soros

He would joke that "stock-market forecasters exist to make astrologers look good. ~ Clements, Jonathan

All statistics have outliers. Money management, therefore, is key to the process of good trading. ~ Yvan Byeajee

Would we as a nation be better off dealing with the truth rather than believing fantasies that prop up the Status Quo and the Fed's dearly beloved measure of the economy, the stock market? How often does accepting illusion help us navigate real life? Short answer: never. ~ Charles Hugh Smith

The Stock Market was down today. Two major businesses declared bankruptcy, consumer spending is at an all time low - in other words, Bush is back on the job. ~ Jay Leno

I often hear skeptics say that, if psychic behavior was real, the psychics would be playing the stock markets or the ponies. In my experience, many of them do. There is, in fact, a kind of secret level of activity in which psychics consult to major corporations and businesses. People seem embarrassed to admit this activity but it takes place, just as you'd expect it to. ~ Michael Crichton

The United States stock market, the most iconic market in global capitalism, is rigged, ~ Michael Lewis

Two-thirds of professionally managed funds are regularly outperformed by a broad capitalization-weighted index fund with equivalent risk, and those that do appear to produce excess returns in one period are not likely to do so in the next. The record of professionals does not suggest that sufficient predictability exists in the stock market to produce exploitable arbitrage opportunities. ~ Burton G. Malkiel

The stock market resembles a huge laundry in which institutions take in large blocks of each others washing ... without rhyme or reason. ~ Benjamin Graham

Most frequently given of such reasons is the conviction that a general stock market decline of some proportion is somewhere in the offing. In the preceding chapter I tried to show that postponing an attractive purchase because of fear of what the general market might do will, over the years, prove very costly. This is because the investor is ignoring a powerful influence about which he has positive knowledge through fear of a less powerful force about which, in the present state of human knowledge, he and everyone else is largely guessing. ~ Philip A. Fisher

I'm quite bullish. We're coming up on year 15 of a flat stock market. Historically that's a pretty good sign. So I'm not a hedge-fund manager but if I was I think I'd be feeling pretty good. ~ Marc Andreessen

One of the dirty little secrets of the stock market rally is that the rising corporate profits that powered it are largely phantom profits. They are artifacts of currency devaluation, not an increase in efficiency or production of goods and services. ~ Charles Hugh Smith

Reaching any goal in trading requires specific domain knowledge and technical skills. But then, after that, it's all mindset management. Yet most people ignore that - they automatically think they have that last part all figured out, and it's a mistake. ~ Yvan Byeajee