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Quotes from Common Stocks as Long Term Investments — Edgar Lawrence Smith

1882–1971 United States

← All quotes by Edgar Lawrence Smith

2 quotes

The Dollar to-day is a different measure from the Dollar of yesterday.

Common Stocks as Long Term Investments (1924)

In periods of high interest rates, such as were current in 1866, long term bonds are not freely offered, as the managements of issuing companies endeavor to protect themselves against the permanent payment of such rates.

Common Stocks as Long Term Investments (1924)

Attribution

Quotes and notes from Wikiquote: Edgar Lawrence Smith (page history), available under CC BY-SA 4.0.