J.P. Morgan Quotes
19 quotes from J.P. Morgan — Banker and financier who dominated American finance in the Gilded Age..
“Go as far as you can see; when you get there, you'll be able to see farther.”
“If you have to ask how much it costs, you can't afford it.”
“A man always has two reasons for doing anything: a good reason and the real reason.”
“The first step towards getting somewhere is to decide that you are not going to stay where you are.”
“Money equals business which equals power, all of which come from character and trust.”
“When you expect things to happen – strangely enough – they do happen.”
“I made a fortune getting out too soon.”
“Well, I don't know as I want a lawyer to tell me what I cannot do. I hire him to tell how to do what I want to do.”
“No problem can be solved until it is reduced to some simple form.”
“Anyone can be a millionaire, but to become a billionaire you need an astrologer.”
“A man I do not trust could not get money from me on all the bonds in Christendom.”
“Monetary losses amount to nothing in life. It is the loss of life that counts.”
“The old House of Morgan spawned 1,000 conspiracy theories. It catered to many prominent families, including the Astors, Guggenheims, du Ponts and Vanderbilts. It shunned dealing with lesser mortals, thus breeding popular suspicion.”
“Recognizing that the nation could not continue to rely on wealthy individuals to stem an economic and financial crisis, Congress passed the Aldrich-Vreeland Act on May 30, 1908.”
“Contrary to the usual law of perspective, the Morgans seem to grow larger as they recede in time.”
“The first thing is character... before money or anything else. Money cannot buy it... A man I do not trust could not get money from me on all the bonds in Christendom.”
“No price is too high for an object of unquestioned beauty and known authenticity.”
“You would have got it.”
“What the Rothschilds represented in the 19th century and the Morgans in the 20th won't be replicated by any firm in the next century. The banker no longer enjoys a monopoly on large pools of money.”