To the man who held stock on margin, disaster had only one face and that was falling prices. But now prices were to be allowed to fall. The speculator's only comfort, henceforth, was that his ruin would be accomplished in an orderly and becoming manner. (John Kenneth Galbraith)

To the man who held stock on margin, disaster had only one face and that was falling prices. But now prices were to be allowed to fall. The speculator's only comfort, henceforth, was that his ruin would be accomplished in an orderly and becoming manner.

John Kenneth Galbraith

Related topics

becoming comfort disaster face falling fall hold man manner margin now orderly ruin stock

Related quotes

There is a power in public opinion in this country - and I thank God for it: for it is the most honest and best of all powers - which will not tolerate an incompetent or unworthy man to hold in his weak or wicked hands the lives and fortunes of his fellow-citizens.

Martin Van Buren

One who never turned his back but marched breast forward, never doubted clouds would break, Never dreamed, though right were worsted, wrong would triumph, Held we fall to rise, are baffled to fight better, sleep to wake.

Robert Browning

Alcohol doesn't console, it doesn't fill up anyone's psychological gaps, all it replaces is the lack of God. It doesn't comfort man. On the contrary, it encourages him in his folly, it transports him to the supreme regions where he is master of his own destiny.

Marguerite Duras

Man seeks to escape himself in myth, and does so by any means at his disposal. Drugs, alcohol, or lies. Unable to withdraw into himself, he disguises himself. Lies and inaccuracy give him a few moments of comfort.

Jean Cocteau

Guard your mind from self-praise and flee a high opinion of yourself, so that God does not allow you to fall into the opposite passion to the virtue for which you boast, for man does not accomplish virtue alone, but with the help of God who sees all.

Marcus Eremita