"Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services"
- Henry Ford
About this Quote
This quote by Henry Ford is a criticism of the practice of speculation in the stock market. He is suggesting that speculation is a method of making money without supplying any items or services to the general public. Instead, speculators make money by manipulating the rates of stocks and other monetary instruments. This kind of activity, according to Ford, is not beneficial to society and needs to be discouraged. He believes that cash needs to be made by providing products and services to the public, not by benefiting from the stock market. Ford's quote is a suggestion that speculation can be a dangerous practice and ought to be avoided. It is important to keep in mind that speculation is not a reliable method to earn money and can cause significant losses.
This quote is written / told by Henry Ford between July 30, 1863 and April 7, 1947. He was a famous Businessman from USA.
The author also have 49 other quotes.
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