"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."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Peter Schiff (2006) Crash Proof.
https://en.wikiquote.org/wiki/Shareholder
Revision History
No revisions have been submitted for this quote.
Categories
Shareholder
7 quotes on TrueQuotesView all quotes by Shareholder →
Related Quotes
"This theory maintains that the objectives of the firm should be derived by balancing the conflicting claims of the va…"
"Why have stockholders?... What contribution do they make, entitling them to heirship of half the profits of the indus…"
"[...] limits on shareholder democracy correlate with both unusually good and unusually poor corporate performance [..…"
"These efforts to induce dissent in corporate boardrooms are likely to be unpopular with some CEOs, just as discussant…"
"The economic fate of a corporation, like that of other business enterprises, is ultimately controlled by individual c…"
"Berle and Means’ book remains the point of departure and the central reference for reflection about corporate governa…"
"There is no short game for a venture capitalist"
"Building products has become easier and cheaper, but building brands is harder than ever"
"The first phase of ROI is understanding if your unit metrics justify growth. Without that, there is no longer game"
"If you're building a platform like Zepto or Blinkit, you’re in the Formula One lane. You need capital at scale, netwo…"