Market Convention

Famous quotes containing the words market and/or convention:

“When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.””
—John Michael Hayes (b. 1919)

“No convention gets to be a convention at all except by grace of a lot of clever and powerful people first inventing it, and then imposing it on others. You can be pretty sure, if you are strictly conventional, that you are following genius—a long way off. And unless you are a genius yourself, that is a good thing to do.”
—Katharine Fullerton Gerould (1879–1944)