I never buy at the bottom and I always sell too soon.
Investors
Nathan Mayer Rothschild
Born in 1777 in the Frankfurt ghetto, Nathan Mayer Rothschild emigrated alone to England at twenty-one and rose to the pinnacle of the City of London. During the Napoleonic Wars he amassed a vast fortune through war-financing for the British government and sovereign-bond trading, becoming widely regarded as the wealthiest person in the world by the 1820s. His use of speed and accuracy of information to move markets formed the prototype of modern investment banking.
View this figure's profile
Nathan Mayer Rothschild's Other Quotes
I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets.
It requires a great deal of boldness and a great deal of caution to make a great fortune; and when you have got it, it requires ten times as much wit to keep it.
Buy when there is blood in the streets, even if the blood is your own.
The time to buy is when there's blood in the streets.
Related Quotes
I know that I do not know.
-- Plato
I know that I know nothing.
-- Socrates
The highest goodness is like water. Water benefits all things and does not compete; it dwells in places others disdain, and so is close to the Tao.
-- Laozi
The trouble with people is that they love playing teacher to others.
-- Mencius
When three walk together, one is surely my teacher. I follow what is good and correct what is not.
-- Confucius
I transmit but do not create; I trust in and love the ancients.
-- Confucius