Cornelius Vanderbilt — "The best way to make money is to buy when everyone else is selling."
The best way to make money is to buy when everyone else is selling.
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More from Cornelius Vanderbilt
"I have always taken care of my own business."
"Got to look out for yourself. Nobody else ain't going to do it."
"I will build up, not pull down."
"The only way to succeed is to never stop trying."
"I'd rather have a dollar in my pocket than a hundred in the bank."
About Cornelius Vanderbilt (1794-1877)
American shipping and railroad magnate whose New York Central railroad and aggressive consolidation built the largest fortune in 19th-century America. Closely associated with John D. Rockefeller (later Gilded Age titan who learned the consolidation playbook). For an intellectual contrast, see Jay Gould, railroad speculator (1836-1892) — Vanderbilt built and ran railroads; Gould watered stock and manipulated markets. Their Erie Railroad rate-war and Gould's Black Friday (1869) gold-corner schemes were the public foil to Vanderbilt's quieter operational consolidation. The cleanest 'industrialist vs speculator' Gilded Age pairing.
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