J. P. Morgan quotes talk about his business practices and how he was able to be one of the richest men in his day. He had what many would consider as twisted ideas but he was very successful. In our day he would be the Bill Gates or the Warren Buffet of business along with some other well known billionaires.
J. P. Morgan or John Pierpont Morgan Sr. was an American banker and financier. He lived at a time when the Civil War had ended and the country needed rebuilding. This was known as the Gilded Years and was from the late 1860s to 1896. Another prominent name during this time was Andrew Carnegie who sold his steel to Morgan that later became the U.S. Steel Corporation.
Quote #1 “Go as far as you can see; when you get there you'll be able to see farther.” |
Quote #2 “When you expect things to happen - strangely enough - they do happen.” |
Quote #3 “Giving debt relief to people that really need it, that's what foreclosure is.” |
Quote #4 “You can't unscramble eggs.” |
Quote #5 “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.” |
Quote #6 “People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd.” |
Quote #7 “I made a fortune getting out too soon.” |
Quote #8 “No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.” |
Quote #9 “A man always has two reasons for doing anything: a good reason and the real reason.” |
Quote #10 “Money equals business which equals power, all of which come from character and trust.” |
Quote #11 “If you have to ask how much it costs, you can't afford it.” |
Quote #12 “Gold is money. Everything else is credit.” |
Quote #13 “Anyone who has to ask about the annual upkeep of a yacht can't afford one.” |
Quote #14 “Congress should know how to levy taxes, and if it doesn't know how to collect them, then a man is a fool to pay the taxes.” |
Quote #15 “If that's all he can get, and he takes it, I should say it's enough.” |
Quote #16 “The wise man bridges the gap by laying out the path by means of which he can get from where he is to where he wants to go.” |
Quote #17 “You can't pick cherries with your back to the tree.” |
Quote #18 “I do not remember in my whole life I ever willfully misrepresented anything to anybody at any time. I have never knowingly had connection with a fraudulent scheme.” |
Quote #19 “No sir. The first thing is character.” |
Quote #20 “Gold is money and nothing else.” |
Quote #21 “Any man who is a bear on the future of this country will go broke.” |
Quote #22 “Decide that you are not going to stay where you are.” |
Quote #23 “Before money or anything else. Money cannot buy it...Because a man I do not trust could not get money from me on all the bonds in Christendom.” |
Quote #24 “When asked what the stock market will do: It will fluctuate” |
Quote #25 “The first thing (in credit) is character… before money or anything else. Money cannot buy it.” |
Quote #26 “The first step towards getting somewhere is to decide that you are not going to stay where you are.” |
Quote #27 “Nothing so undermines your financial judgement as the sight of your neighbour getting rich.” |
Quote #28 "No price is too great for a work of unquestioned beauty and known authenticity.” |
Quote #29 “If you want time to pass quickly, just give a banker your note for 90 days.” |
Quote #30 “I feel bound in honour when I reorganise a property and am morally responsible for its management, to protect it – and I generally do protect it.” |
Quote #31 “Of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of plutocracy.” |
Quote #32 “My first guess is sometimes right. My second never is.” |
Quote #33 “Giving debt relief to people that really need it, that's what foreclosure is.” |
Quote #34 “When I have business on hand I think it is better to have it done quickly.” |
Quote #35 "It was not really a question of price. It was a question of success.” |
Quote #36 “When a man abuses his power, he loses it.” |
J. P. Morgan quotes have been controversial in many ways for some people. What I have noticed that in the quotes of most individuals there is still something that is truthful and worth noting. I hope that the positives found in his quotes may be used to better one’s self.