American - Businessman | September 14, 1929 - March 9, 2016
I don't have many regrets. I regret mistakes, particularly those that damage other people, and we've all made some of those. But I'm not sad about change.
John Gutfreund
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Proprietary stock-index arbitrage is but one aspect of program trading. Arbitrage will take place whenever there is an imbalance created in one or more markets that are similar.
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The media, the polls and our legislatures fortunately have short attention spans.
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Shareholders share in the downside and not necessarily in the upside; that's the whole story.
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I thought that ending Glass-Steagall was a mistake.
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Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.
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I am more rich in goods than I am in money.
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I have never been a social lion; I was misidentified as one because I have a very attractive second wife.
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I never thought of myself as a king. People really want you to be their deity. They forget the fact that you are a person who has feelings and doubts.
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People in Philadelphia are a world apart from New York. They're very different from people in the New York scene. The New York scene wants your visibility and wants your money.
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