The time to buy is when there's blood in the streets.
Railroad magnate
Attributed, but more famously associated with Baron Rothschild and later J.P. Morgan, though Vanderbilt's aggressive acquisition strategies align with the sentiment.
mid-1800s
Found in 1 providers: grok
Cross Reference
1 source
"I guess I've built a hundred steamships and steamboats… I never paid a dollar of insurance… Good vessels and good masters – that's the best kind of insurance. Why should I pay somebody else to carry m…"
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