Famous quote by John D. Rockefeller

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The way to make money is to buy when blood is running in the streets
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"The way to make money is to buy when blood is running in the streets"

- John D. Rockefeller

About this Quote

John D. Rockefeller's quote suggests that the very best way to make money is to purchase when the market is in a state of panic. This indicates that when the market remains in a state of worry and unpredictability, investors ought to benefit from the low costs and purchase stocks. This strategy is based on the concept that when the market eventually recuperates, the stocks acquired at a low rate will be worth more than what was spent for them. This technique is often referred to as "purchasing low and selling high". By benefiting from market slumps, financiers can make a profit when the marketplace recuperates. Rockefeller's quote is a reminder that financiers ought to not hesitate to take advantage of market downturns and purchase when the marketplace remains in a state of panic.

About the Author

John D. Rockefeller This quote is written / told by John D. Rockefeller between July 8, 1839 and May 23, 1937. He was a famous Businessman from USA. The author also have 26 other quotes.

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