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Quote by Walter Wriston

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Walter Wriston
Walter Wriston

Walter Wriston was an outstanding banker who was born on August 3, 1919, and passed away on January 19, 2005. He had a profound impact on the financial industry, particularly in the field of international banking. His career began at Morgan Guaranty Trust, and later he became the CEO of Chase Manhattan Bank, leading the bank to become one of the largest in the world. more

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“Too many people are apt to redeem their profits too quickly. In a huge bull market they wind up with piddling profits, only to watch their former holdings soar. That usually prompts them into making mistakes later when, believing that the market owes them some money, they buy at the wrong time at much higher levels.”