"On Wall Street he and a few others - how many? Three hundred, four hundred, five hundred? Had become precisely that... Masters of the Universe"
About this Quote
“Precisely that” is the quiet dagger. It suggests there’s no metaphorical distance left, no wink. In the 1980s Wall Street boom - leveraged buyouts, junk bonds, a culture of bonuses treated as proof of virtue - finance didn’t merely influence the world; it started to narrate the world. Wolfe is targeting that narrative: the idea that markets aren’t just mechanisms but moral scoreboards, and that those who “win” are therefore entitled to rule.
Calling them “Masters of the Universe” is both satire and anthropology. It captures the adolescent grandiosity of traders who talk like emperors while moving other people’s money, and it captures the broader cultural surrender to their glamour. Wolfe’s intent isn’t to marvel at their power; it’s to show how a democratic society can be talked into admiring its own subordination, so long as the conquerors wear good suits and speak in numbers.
Quote Details
| Topic | Wealth |
|---|---|
| Source | Later attribution: The New Yale Book of Quotations (Fred R. Shapiro, 2021) modern compilationISBN: 9780300262780 · ID: FtU4EAAAQBAJ
Evidence:
... On Wall Street he and a few others - how many ? -three hundred , four hundred , five hundred ? had become precisely that . . . Masters of the Universe . The Bonfire of the Vanities ch . 1 ( 1987 ) . Ellipsis in the original . Wolfe took ... |
| Cite |
Citation Formats
APA Style (7th ed.)
Wolfe, Tom. (2026, March 22). On Wall Street he and a few others - how many? Three hundred, four hundred, five hundred? Had become precisely that... Masters of the Universe. FixQuotes. https://fixquotes.com/quotes/on-wall-street-he-and-a-few-others-how-many-113918/
Chicago Style
Wolfe, Tom. "On Wall Street he and a few others - how many? Three hundred, four hundred, five hundred? Had become precisely that... Masters of the Universe." FixQuotes. March 22, 2026. https://fixquotes.com/quotes/on-wall-street-he-and-a-few-others-how-many-113918/.
MLA Style (9th ed.)
"On Wall Street he and a few others - how many? Three hundred, four hundred, five hundred? Had become precisely that... Masters of the Universe." FixQuotes, 22 Mar. 2026, https://fixquotes.com/quotes/on-wall-street-he-and-a-few-others-how-many-113918/. Accessed 5 Apr. 2026.







