Did J.P. Morgan really say 'The man who cannot live on $50,000 a year cannot live on $500,000.'?

J.P. Morgan Quote Source & Citation:

The man who cannot live on $50,000 a year cannot live on $500,000.

— J.P. Morgan Modern · Banking magnate

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"I don’t want a man who is afraid to make mistakes."

"I pay no man to think for me."

"I can always make money, but I can't always make time."

"The greatest risk is not taking any risk."

"I don’t know as I want a man who is too smart."

Financial wisdom

Date: 1900

Wisdom

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