21 Gary Weiss Quotes for You to Enjoy

Gary Weiss

American Journalist

Against Been Financial History Long You

Related authors: Ambrose Bierce Dave Barry Erma Bombeck Hunter S. Thompson Mignon McLaughlin Walter Cronkite William F. Buckley, Jr. William Lloyd Garrison

MF Global used to be known as Man Financial, and it had a reasonably good reputation. It did a humdrum business placing commodities trades for fund managers as well as farmers, grain dealers and others whose livelihoods depend on the vagaries of commodity prices. Gary Weiss

Good Man Business Financial Depend Reputation Others Good Reputation Prices Had Global Well Known Dealers Trades Did Managers Commodities Commodity Grain Placing Used Farmers Reasonably Fund Livelihood Whose Humdrum

Oil futures were originally created to give heating oil dealers, gas retailers, aviation companies and other businesses a method of hedging against adverse price changes. Instead, they've become just another Wall Street plaything. Gary Weiss

Become Other Changes Futures Give Price Instead Adverse Another Dealers Method Were Wall Wall Street Heating Just Oil Against Created Aviation Businesses Companies Originally Street Gas Plaything

I'm not an ultra-libertarian who thinks there shouldn't be insider-trading laws at all. Gary Weiss

Laws Who Thinks

If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all. Gary Weiss

Excessive hype, bankruptcy, cash burning like autumn leaves - such is the stuff of short-selling. Gary Weiss

Hype Autumn Cash Excessive Stuff Like Leaves Bankruptcy Burning

With such enormous bucks devoted to trading in oil and other commodities, the distortions that they cause have been exacerbated. Gary Weiss

Cause Enormous Other Exacerbated Bucks Devoted Trading Been Commodities Oil

Debt collectors should be required to disclose the applicable statute of limitations in the body of their collection letters, in bold type. While it's not illegal to dun a consumer for an old debt, it is illegal to sue for one. Gary Weiss

Old Disclose Type Collection Collectors Consumer Limitations Debt While Required Should Body Illegal Bold Sue Letters Applicable

The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices. Gary Weiss

Problem Financial Focus Financial Crisis Crisis Divert Tends Prices Share Attention Betting Real Were Bank Banks The Problem With Actions Villains

I'm rooting for Saudi Arabia getting a seat on the U.N. Human Rights Council. Gary Weiss

Rights Human Rights Arabia Council Getting Human Rooting Seat Saudi Saudi Arabia

Legitimate institutions historically have been defenseless in the face of outright fraud. Gary Weiss

Face Fraud Outright Institutions Been Historically Legitimate

When Corporate America finds a Jayson Blair in its midst, the standard operating procedure is to circle the wagons and deny that any form of liability extends up the chain of command. Gary Weiss

Circle Corporate Corporate America Finds Blair Operating Command Up Deny America Any Form Procedure Midst Standard Chain Liability

George Soros is one of the few characters from the world of finance who deserves to be called larger-than-life. Gary Weiss

Finance World Few Characters George Who Deserves

Even a casual reader of the financial pages knows that microcaps are a perennial headache for regulators and, above all, for investors because they have been prone to abuse by stock manipulators. Gary Weiss

Financial Prone Above Perennial Casual Investors Headache Abuse Reader Knows Because Been Stock Pages Even

All too often, the pitchmen are selling the notion that if you gain 'control' over your financial destiny - pick your own stocks and execute your own trades - it will be the first step on a short road to riches. Gary Weiss

You Financial Will First Own Control Too Destiny Be The First Pick Step Road Over Execute First Step Trades Selling Stocks Often Short Gain Riches Your Notion

Numerous academic studies have shown that amateur investors make poor traders - buying stocks for the wrong reasons, holding losers for too long, and acting on whims and emotions. Gary Weiss

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