It can be argued that the U.S. brokerage and investment banking industry has transformed the modern American stock market into nothing more than a mechanism for transferring wealth from shareholders to management.

Another quote →

More quotes by Peter Schiff

All Peter Schiff quotes →

Attribution

Quote text and notes from Wikiquote: Peter Schiff (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.