"I thought the stock was a great buy. I think anybody that bought the stock in 1999 was - saw over the next couple of years a strong growth. During the year of 1999, I significantly increased my ownership of shares in the company"
About this Quote
But the details are where the subtext hums. “I think anybody that bought” is a liability shield disguised as populism. He universalizes the bet, spreading responsibility across the crowd, while quietly positioning himself as merely one more believer. The date stamp matters: 1999, peak Enron hype, when the company was selling a story as much as it was selling energy. “Over the next couple of years” compresses a complicated timeline into a smooth, upward arc, the kind investors crave and regulators distrust.
Context turns this from boosterism into an alibi. Skilling is speaking from inside a corporate machine later revealed to be built on accounting tricks and manufactured earnings. The claim of increased ownership doubles as character evidence: faithful captain, aligned incentives, no motive to deceive. That’s precisely why it’s potent. In scandals, people don’t just fight facts; they fight the narrative of intent. Skilling’s sentence tries to pre-write his intent as optimism, not orchestration - and to recast a decision made in the shadow of internal knowledge as ordinary market confidence.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Skilling, Jeffrey. (n.d.). I thought the stock was a great buy. I think anybody that bought the stock in 1999 was - saw over the next couple of years a strong growth. During the year of 1999, I significantly increased my ownership of shares in the company. FixQuotes. https://fixquotes.com/quotes/i-thought-the-stock-was-a-great-buy-i-think-112291/
Chicago Style
Skilling, Jeffrey. "I thought the stock was a great buy. I think anybody that bought the stock in 1999 was - saw over the next couple of years a strong growth. During the year of 1999, I significantly increased my ownership of shares in the company." FixQuotes. Accessed February 3, 2026. https://fixquotes.com/quotes/i-thought-the-stock-was-a-great-buy-i-think-112291/.
MLA Style (9th ed.)
"I thought the stock was a great buy. I think anybody that bought the stock in 1999 was - saw over the next couple of years a strong growth. During the year of 1999, I significantly increased my ownership of shares in the company." FixQuotes, https://fixquotes.com/quotes/i-thought-the-stock-was-a-great-buy-i-think-112291/. Accessed 3 Feb. 2026.




