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What Wall Street is, they're market makers. Wall Street's business model is making money on velocity of money. They're a click industry. That's what Wall Street is. They make a lot of money when there's a lot of turnover. And they make a lot of money when that velocity is fast.
Laurence D. Fink
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"What Wall Street is, they're market makers. Wall Street's business model is making money on velocity of money. They're a click industry. That's what Wall Street is. They make a lot of money when there's a lot of turnover. And they make a lot of money when that velocity is fast."
— Laurence D. Fink #moneywealth #workcareer

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What Wall Street is, they're market makers. Wall Street's business model is making money on ve…

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What Wall Street is, they're market makers. Wall Street's business model is making money on velocity of money. They're a click industry. That's what Wall Street is. They make a lot of money when there's a lot of turnover. And they make a lot of money when that velocity is fast. — Laurence D. Fink

About Laurence D. Fink

Laurence D. Fink was a Businessman from United States (1952–present).

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Frequently Asked Questions

Who said "What Wall Street is, they're market makers. Wall Street's business model is mak…"?
This quote is attributed to Laurence D. Fink, a Businessman from United States.
When did Laurence D. Fink live?
Laurence D. Fink lived from 1952 – present.
What is this quote about?
This quote touches on Money & Wealth, Work & Career. Browse more quotes on these themes from the categories page.