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Quote#Money & Wealth

The big money in booms is always made first by the public - on paper

Quote byEdwin Lefèvre · 1871–1943

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Reminiscences of a Stock Operator (1923), Chapter XXI, P. 257.

English (original)

The big money in booms is always made first by the public - on paper. And it remains on paper.

— Edwin Lefèvre

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