London Stock Exchange Quotes

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Go into the London Stock Exchange – a more respectable place than many a court – and you will see representatives from all nations gathered together for the utility of men. Here Jew, Mohammedan and Christian deal with each other as though they were all of the same faith, and only apply the word infidel to people who go bankrupt. Here the Presbyterian trusts the Anabaptist and the Anglican accepts a promise from the Quaker. On leaving these peaceful and free assemblies some go to the Synagogue and others for a drink, this one goes to be baptized in a great bath in the name of Father, Son and Holy Ghost, that one has his son’s foreskin cut and has some Hebrew words he doesn’t understand mumbled over the child, others go to heir church and await the inspiration of God with their hats on, and everybody is happy.
Voltaire
The slave trade was not controlled by any state or government. It was a purely economic enterprise, organised and financed by the free market according to the laws of supply and demand. Private slave-trading companies sold shares on the Amsterdam, London and Paris stock exchanges. Middle-class Europeans looking for a good investment bought these shares. Relying on this money, the companies bought ships, hired sailors and soldiers, purchased slaves in Africa, and transported them to America. There they sold the slaves to the plantation owners, using the proceeds to purchase plantation products such as sugar, cocoa, coffee, tobacco, cotton and rum.
Yuval Noah Harari (Sapiens: A Brief History of Humankind)
One can try to evade the problem by adopting a ‘morality of intentions’. What’s important is what I intend, not what I actually do or the outcome of what I do. However, in a world in which everything is interconnected, the supreme moral imperative becomes the imperative to know. The greatest crimes in modern history resulted not just from hatred and greed, but even more so from ignorance and indifference. Charming English ladies financed the Atlantic slave trade by buying shares and bonds in the London stock exchange, without ever setting foot in either Africa or the Caribbean. They then sweetened their four o’clock tea with snow-white sugar cubes produced in hellish plantations – about which they knew nothing.
Yuval Noah Harari (21 Lessons for the 21st Century)
In a world in which everything is interconnected, the supreme moral imperative becomes the imperative to know. The greatest crimes in modern history resulted not just from hatred and greed, but even more so from ignorance and indifference. Charming English ladies financed the Atlantic slave trade by buying shares and bonds in the London stock exchange, without ever setting foot in either Africa or the Caribbean. They then sweetened their four o'clock tea with snow-white sugar cubes produced in hellish plantations – about which they knew nothing.
Yuval Noah Harari (21 Lessons for the 21st Century)
In fact, war itself could become a commodity, just like opium. In 1821 the Greeks rebelled against the Ottoman empire. The uprising aroused great sympathy in liberal and romantic circles in Britain - Lord Byron, the poet, even went to Greece to fight alongside the insurgents. But London financiers saw an opportunity as well. They proposed to the rebel leaders the issue of tradable Greek Rebellion Bonds on the London stock exchange. The Greeks would promise to repay the bonds, plus interest, if and when they won their independence. Private investors bought bonds to make a profit, or out of sympathy for the Greek cause, or both. The value of Greek Rebellion Bonds rose and fell on the London stock exchange in tempo with military successes and failures on the battlefields of Hellas. The Turks gradually gained the upper hand. With a rebel defeat imminent, the bondholders faced the prospect of losing their trousers. The bondholders' interest was the national interest, so the British organised an international fleet that, in 1827, sank the main Ottoman flotilla in the Battle of Navarino. After centuries of subjugation, Greece was finally free. But freedom came with a huge debt that the new country had no way of repaying. The Greek economy was mortgaged to British creditors for decades to come.
Yuval Noah Harari (Sapiens: A Brief History of Humankind)
* Wall Street—so named from a street in ancient New York, where was situated the stock exchange, and where the irrational organization of society permitted underhanded manipulation of all the industries of the country.
Jack London (The Iron Heel)
The greatest crimes in modern history resulted not just from hatred and greed, but even more so from ignorance and indifference. Charming English ladies financed the Atlantic slave trade by buying shares and bonds in the London stock exchange, without ever setting foot in either Africa or the Caribbean. They then sweetened their four o'clock tea with snow-white sugar cubes produced in hellish plantations - about which they knew nothing.
Yuval Noah Harari (21 Lessons for the 21st Century)
They proposed to the rebel leaders the issue of tradable Greek Rebellion Bonds on the London stock exchange. The Greeks would promise to repay the bonds, plus interest, if and when they won their independence. Private investors bought bonds to make a profit, or out of sympathy for the Greek cause, or both. The value of Greek Rebellion Bonds rose and fell on the London stock exchange in tempo with military successes and failures on the battlefields of Hellas. The Turks gradually gained the upper hand. With a rebel defeat imminent, the bondholders faced the prospect of losing their trousers. The bondholders’ interest was the national interest, so the British organised an international fleet that, in 1827, sank the main Ottoman flotilla in the Battle of Navarino. After centuries of subjugation, Greece was finally free. But freedom came with a huge debt that the new country had no way of repaying. The Greek economy was mortgaged to British creditors for decades to come. 40.
Yuval Noah Harari (Sapiens: A Brief History of Humankind)
These peasants, who, throughout the world, hold potentates on their thrones, make statesmen illustrious, provide generals with lasting victories, all with ignorance, indifference, or half-witted hatred, moving the world with the strength of their arms, and getting their heads knocked together in the name of God, the king, or the stock exchange-immortal, dreaming, hopeless asses, who surrender their reason to the care of a shining puppet, and persuade some toy to carry their lives in his purse.
Jack London (The People of the Abyss)
The slave trade was not controlled by any state or government. It was a purely economic enterprise, organised and financed by the free market according to the laws of supply and demand. Private slave-trading companies sold shares on the Amsterdam, London and Paris stock exchanges. Middle-class Europeans looking for a good investment bought these shares. Relying on this money, the companies bought ships, hired sailors and soldiers, purchased slaves in Africa, and transported them to America. There they sold the slaves to the plantation owners, using the proceeds to purchase plantation products such as sugar, cocoa, coffee, tobacco, cotton and rum. They returned to Europe, sold the sugar and cotton for a good price, and then sailed to Africa to begin another round. The shareholders were very pleased with this arrangement. Throughout the eighteenth century the yield on slave-trade investments was about 6 per cent a year – they were extremely profitable, as any
Yuval Noah Harari (Sapiens: A Brief History of Humankind)
The slave trade was not controlled by any state or government. It was a purely economic enterprise, organised and financed by the free market according to the laws of supply and demand. Private slave-trading companies sold shares on the Amsterdam, London and Paris stock exchanges. Middle-class Europeans looking for a good investment bought these shares. Relying on this money, the companies bought ships, hired sailors and soldiers, purchased slaves in Africa, and transported them to America. There they sold the slaves to the plantation owners, using the proceeds to purchase plantation products such as sugar, cocoa, coffee, tobacco, cotton and rum. They returned to Europe, sold the sugar and cotton for a good price, and then sailed to Africa to begin another round. The shareholders were very pleased with this arrangement. Throughout the eighteenth century the yield on slave-trade investments was about 6 per cent a year – they were extremely profitable, as any modern consultant would be quick to admit.
Yuval Noah Harari (Sapiens: A Brief History of Humankind)
Their pupils had at all costs to be fitted for life in a world careless of the spirit, careless of the true ends of living, and thoughtful only for the means. They must be equipped for the economic struggle. They must become good business men, good engineers and chemists, good typists and secretaries, good husband-catchers, even if the process prevented them irrevocably from becoming fully alive human beings. And so the population of the Western world was made up for the most part of strange thwarted creatures, skilled in this or that economic activity, but blind to the hope and the plight of the human race. For them the sum of duty was to play the economic game shrewdly and according to rule, to keep their wives in comfort and respectability, their husbands well fed and contented, to make their offspring into quick and relentless little gladiators for the arena of world-prices. One and all they ignored that the arena was not merely the market or the stock exchange, but the sand-multitudinous waste of stars.
Olaf Stapledon (Last Men in London)
The slave trade was not controlled by any state or government. It was a purely economic enterprise, organised and financed by the free market according to the laws of supply and demand. Private slave-trading companies sold shares on the Amsterdam, London and Paris stock exchanges. Middle-class Europeans looking for a good investment bought these shares. Relying on this money, the companies bought ships, hired sailors and soldiers, purchased slaves in Africa, and transported them to America. There they sold the slaves to the plantation owners, using the proceeds to purchase plantation products such as sugar, cocoa, coffee, tobacco, cotton and rum. They returned to Europe, sold the sugar and cotton for a good price, and then sailed to Africa to begin another round. The shareholders were very pleased with this arrangement. Throughout the eighteenth century the yield on slave-trade investments was about 6 per cent a year – they were extremely profitable, as any modern consultant would be quick to admit. This is the fly in the ointment of free-market capitalism. It cannot ensure that profits are gained in a fair way, or distributed in a fair manner. On the contrary, the craving to increase profits and production blinds people to anything that might stand in the way.
Yuval Noah Harari (Sapiens: A Brief History of Humankind)
Year after year, they are joined by a new age group from Germany’s youth, totally educated in accordance with National Socialist principles, forged together by the ideas of our Volksgemeinschaft, and willing to move against anyone who should dare to sin against our fight for freedom. And just as in the time of the party’s struggle for power, our female party comrades, our German women and girls, were the most reliable supports of the movement, so now again the multitude of our women and girls form the strongest element in the struggle for the preservation of our Volk. After all, thank God, not only the Jews in London and New York but also those in Moscow made clear what fate might be in store for the German Volk. We are determined to be no less clear in our answer. This fight will not end with the planned annihilation of the Aryan but with the extermination of the Jew in Europe. Beyond this, thanks to this fight, our movement’s world of thought will become the common heritage of all people, even of our enemies. State after state will be forced, in the course of its fight against us, to apply National Socialist theories in waging this war that was provoked by them. And in so doing, it will become aware of the curse that the criminal work of Jewry has laid over all people, especially through this war. As our enemies thought in 1923 that the National Socialist Party was defeated for good and that I was finished with in the eyes of the German Volk because of my trial, so they actually helped National Socialist ideology to spread like wildfire through the entire German Volk and convey the essence of Jewry to so many million men, as we ourselves would never have been able to do under normal circumstances. In the same manner international Jewry, which instigated this new war, will find out that nation after nation engrosses itself more and more in this question to become finally aware of the great danger presented by this international problem. Above all, this war proves the irrefutable identity of plutocracy and Bolshevism, and the common ambition of all Jews to exploit nations and make them the slaves of their international guild of criminals. The same alliance we once faced as our common enemies in Germany, an alliance between the stock exchange in Frankfurt and the “Red Flag” in Berlin, now again exists between the Jewish banking houses in New York, the Jewishplutocratic class of leaders in London, and the Jews in the Kremlin in Moscow. Just as the German Volk successfully fought the Jewish enemy at home as a consequence of this realization and is now about to finish it off for good, the other nations will increasingly find themselves again in the course of this war. Together, they will make a stand against that race that is seeking to destroy all of them. Proclamation for the 23th anniversary of the N.S.D.A.P. (read by Hermann Esser) Fuhrer Headquarters, February 24, 1943
Adolf Hitler (Collection of Speeches: 1922-1945)
After the 1884 panic on the New York Stock Exchange, the London magazine The Spectator commented, “The English, however speculative408, fear poverty. The Frenchman shoots himself to avoid it. The American with a million speculates to win ten, and if he takes losses takes a clerkship with equanimity. This freedom from sordidness is commendable, but it makes a nation of the most degenerate gamesters in the world.
Liaquat Ahamed (Lords of Finance: 1929, The Great Depression, and the Bankers who Broke the World)
A somewhat provocative example of the interconnections between the gaming industry and finance. A technologist working for a large London hedge fund hinted this to me in interview. Trained in computer science and engineering, this interviewee first worked as a network programmer for large online multiplayer games. His greatest challenge was the fact that the Internet is not instantaneous: when a player sends a command to execute in action, it takes time for the signal to reach the computer server and interact with the commands of other players. For the game to be realistic, such delays have to be taken into account when rendering reality on the screen. The challenge for the network programmer is to make these asymmetries as invisible as possible so that the game seem 'equitable to everyone.' The problem is similar in finance, where the physical distance from the stock exchange's matching engines matters tremendously, requiring a similar solution to the problem of latency: simulating the most likely state of the order book on the firm's computers in order to estimate the most advantageous strategies or the firm's trading algorithms. Gaming and finance are linked not through an institutional imperative of culture or capital - or even a strategy, as such - but rather through the more mundane and lowly problems of how to fairly manage latency and connectivity.
Juan Pablo Pardo-Guerra (Automating Finance: Infrastructures, Engineers, and the Making of Electronic Markets)
But WeWork’s rise didn’t shock Schwartz, who had spent part of his career in finance. This was how the system worked. Adam had persuaded one investor after another to believe in his vision; each time he did, previous investors were able to mark up their stakes to escalating valuations, selling shares along the way and passing the risk on to the next fool. Even if WeWork went public and the IPO tanked, Adam owned roughly a fifth of the company, with preferred shares that would allow him to get out before most of his employees. “Let’s say it trades down to a $5 billion valuation,” Schwartz said, throwing out a number more in line with where the London Stock Exchange valued IWG. “Employees will suffer. Investors take a bath. But Adam’s still worth a billion.
Reeves Wiedeman (Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork)
By the 18th century, the extent of human cooperation within the context of the market economy reached levels that the French philosopher François-Marie Arouet (1694–1778)—also known as Voltaire—could write, Go into the London Stock Exchange—a more respectable place than many a court—and you will see representatives from all nations gathered together for the utility of men. Here, Jew, Mohammedan and Christian deal with each other as though they were all of the same faith and only apply the word infidel to people who go bankrupt. Here the Presbyterian trusts the Anabaptist and the Anglican accepts a promise from the Quaker. On leaving these peaceful and free assemblies, some go to the Synagogue and others for a drink, this one goes to be baptized in a great bath in the name of Father, Son and Holy Ghost, that one has his son’s foreskin cut and has some Hebrew words he doesn’t understand mumbled over the child, others go to their church and await the inspiration of God with their hats on, and everybody is happy.97
Marian L. Tupy (Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet)
Thanks to time differentials and good telephone service, the world money market, unlike stock exchanges, race tracks, and gambling casinos, practically never closes. London opens an hour after the Continent (or did until February 1968, when Britain adopted Continental time), New York five (now six) hours after that, San Francisco three hours after that, and then Tokyo gets under way about the time San Francisco closes. Only a need for sleep or a lack of money need halt the operations of a really hopelessly addicted plunger anywhere.
John Brooks (Business Adventures: Twelve Classic Tales from the World of Wall Street)
We live in an age of scepticism where the power of words as persuaders is continually and increasingly questioned. From advertising slogans and their glib promises to the endless examples of broken promises and failed utopias of political rhetoric, or indeed the murderous promises inspired and fulfilled on the basis of such rhetoric, we take words with a large pinch of reasonable doubt. We reach for alternative forms of corroboration. However, when other proofs are absent we are thrown back to the phrase that once ruled the London Stock Exchange: 'My word is my bond'. An assessment of human nature - the quality, character and actions of a person - is what determines the probability whether verbal claims are credible. The word is indeed our last resort.
Ziauddin Sardar (Mecca: The Sacred City)
Should the evil world forces succeed with the help of materialism and Judaized religion, with Freemasonry, Capitalism, Marxism, democracy and Bolshevism, with England, America and the Soviet Union, with Churchill, Roosevelt and Stalin, with Wall Street and the London Stock Exchange, with bagler bishops and jøssingers and by the Nordic man's own blindness, to destroy the Germanic peoples and the fundamental Nordic principles on which our entire civilization rests, so that there on the ruins can be established the promised Jewish world domination in the form of a world Soviet republic and the Communist International and a new Geneva League?
Vidkun Quisling