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richard ney
Started by
da_cheif
, Feb 10 2018 12:22 PM
2 replies to this topic
#1
da_cheif
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Posted 10 February 2018 - 12:22 PM
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"At a time and a price of his own choosing, and with the approval of the Exchange, the SEC, and the Fed, the specialist can press the market's panic button. It is in the chaos of selling that ensues that he acquires his stock. His purchases have two distinctive features: they are made without risk, and their profitability is guaranteed. It's like shooting fish in a barrel." Richard Ney - The Wall Street Jungle pg. 60
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#2
fib_1618
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Posted 12 February 2018 - 04:32 PM
Richard was a class act in many ways...I miss his wit and his aptitude of reading the tape.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#3
alexnewbee
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Posted 12 February 2018 - 04:41 PM
goog book.
"we do G.d's work" Lloyd Blankfein
