“With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role in any one of them. This allows investors to diversify their financial holdings. It also allows them to capture profits on their investments, without having to get involved in the dirty, troublesome business of actually running a company.”

Part 2, Chapter 7, Companies, Owners, and Profit, p. 91
Economics For Everyone (2008)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "With joint-stock corporations, investors can place bets on the success of many different companies, without having to p…" by Jim Stanford?

Jim Stanford21

Canadian economist 1961

Related quotes

“No one ever built a billion-dollar company without employees, investors, business partners, and customers.”

Jay Samit (1961) American businessman

Future Proofing You (2021)

“The stock of the greatest company in the world is crap if every investor already thinks it is the greatest company in the world.”

Andy Kessler (1958) American writer

Part VI, Burst, Morgan Stanley Tech Conference 2001, p. 229.
Running Money (2004) First Edition

“Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit.”

Mitt Romney (1947) American businessman and politician

CD-ROM marking 25th anniversary of Bain & Company, quoted in * 2012-09-27
Corn
David
w:David Corn
New Romney Video: In 1985, He Said Bain Would "Harvest" Companies for Profits
Mother Jones
http://www.motherjones.com/politics/2012/09/1985-romney-bain-harvest-firms-profits-video
2012-10-03
1985

“A price decline is of no real importance to the bona fide investor unless it is either very substantial—say, more than a third from cost—or unless it reflects a known deterioration of consequence in the company's position. In a well-defined bear market many sound common stocks sell temporarily at extraordinary low prices. It is possible that the investor may then have a paper loss of fully 50 per cent on some of his holdings, without any convincing indication that the underlying values have been permanently affected.”

Benjamin Graham (1894–1976) American investor

Source: The Intelligent Investor: The Classic Text on Value Investing (1949), Chapter II, The Investor and Stock-Market Fluctuations, p. 25

“The SEC staffer argued that it was unfair that high-frequency traders couldn’t post phony bids and offers on the exchanges to extract information from actual investors without running the risk of having to stand by them.”

Michael Lewis book Flash Boys

Source: Flash Boys (2014), p. 105

“I am especially worried about the impact that investor-state-arbitrations (ISDS) have already had and foreseeably will have on human rights, in particular the provision which allows investors to challenge domestic legislation and administrative decisions if these can potentially reduce their profits.”

Alfred de Zayas (1947) American United Nations official

U.N. expert says secret trade deals threaten human rights http://www.reuters.com/article/2015/04/23/trade-rights-idUSL5N0XK54G20150423?feedType=RSS&feedName=everything&virtualBrandChannel=11563. <br class="br">2015