"A lot of people at Shearson ended up making a lot of money because they had stock or stock options. Their kids were able to go to college, and it changed a lot of people's lives"
- Sanford I. Weill
About this Quote
This quote by Sanford I. Weill speaks with the power of stock alternatives and how they can positively impact people's lives. Weill is referring to the workers of Shearson, a financial services firm, who were able to take advantage of stock alternatives. These stock options allowed them to make a lot of money, which in turn permitted their kids to go to college. This quote talks to the power of stock alternatives and how they can be used to produce generational wealth. Weill's quote likewise speaks with the power of education and how it can be utilized to produce a better life for future generations. By purchasing stock options, Shearson workers were able to produce a better life for their kids and grandchildren. This quote is a testimony to the power of stock choices and how they can be used to produce a much better life for future generations.