Quotes Entirely Relevant to Investing 10-12-2008

by Mr Juggles

“A bank is…a manufacturer of credit. The cornerstone of credit is confidence — confidence of men in men. A panic is a collapse of credit. It is an intensely human affair, and many of the determining influences are of a personal and confidential character, and very inadequately reflected in the cold figures of the bank statement.”
-E.W. Kemmerer (1911)

Past Quotes Entirely Relevant to Investing

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