Saturday 6 September 2014

Quote for the day

“Speculation is the romance of trade, and casts contempt upon all its sober realities. It renders the stock jobber a magician. And the exchange a region of enchantment .It elevates the merchant into a kind of knight-errant, Or rather a commercial Quixote .The slow but sure gains of snug percentage become despicable in his eyes, no “operation is thought worthy of attention that does not double or treble the investment. No business is  worth following that does not promise an immediate fortune” -Washington Irving

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